Chewy (CHWY) Stock Plunges 15% on Weak Results and Guidance, Analysts Remain Optimistic

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Chewy Inc. (CHWY) PT Lowered to $60 at Jefferies

March 30, 2022 8:10 AM EDT

Jefferies analyst Stephanie Wissink lowered the price target on Chewy Inc. (NYSE: CHWY) to $60.00 (from $90.00) while maintaining a Buy rating following results.

The analyst commented, "We are conflicted as NT effects from supply limitations and customer maturation impact Q1 & FY22 view. Offsetting, rare... More

Chewy Inc. (CHWY) PT Lowered to $42 at UBS

March 30, 2022 4:37 AM EDT

UBS analyst Eric Sheridan lowered the price target on Chewy Inc. (NYSE: CHWY) to $42.00 (from $46.00) while maintaining a Sell rating.... More

Chewy Inc. (CHWY) PT Lowered to $55 at JPMorgan

March 30, 2022 3:42 AM EDT

JPMorgan analyst Doug Anmuth lowered the price target on Chewy Inc. (NYSE: CHWY) to $55.00 (from $68.00) while maintaining a Overweight rating.... More

UPDATE: Chewy Inc. (CHWY) PT Lowered to $62 as Morgan Stanley Questions Competitive Differentiation

March 30, 2022 2:42 AM EDT

(Updated - March 30, 2022 6:37 AM EDT)

Morgan Stanley analyst Lauren Schenk lowered the price target on Chewy Inc. (NYSE: CHWY) to $62.00 (from $68.00) after results guidance for 2022 Revenue and margins was worse than feared due to reopening headwinds and inflation.

The analyst reiterated... More