Chewy (CHWY) Shares Drop 10% on Lowered Guidance, Analysts Cut Numbers
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Alphabet (GOOGL) soars 16% on Q1 results beat, first-ever dividend
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil settles higher as weak U.S. economic growth offset by supply concerns
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
Chewy Inc. (CHWY) PT Lowered to $35 at Wedbush
August 31, 2022 6:22 AM EDTWedbush analyst Seth Basham lowered the price target on Chewy Inc. (NYSE: CHWY) to $35.00 (from $44.00) while maintaining a Neutral rating.... More
Chewy Inc. (CHWY) PT Lowered to $50 at Guggenheim
August 31, 2022 6:13 AM EDTGuggenheim analyst Steven Forbes lowered the price target on Chewy Inc. (NYSE: CHWY) to $50.00 (from $55.00) while maintaining a Buy rating.... More
Chewy Inc. (CHWY) PT Maintained at Raymond James
August 31, 2022 4:34 AM EDTRaymond James analyst Aaron Kessler maintained the price target on Chewy Inc. (NYSE: CHWY) while maintaining a rating.... More
Chewy Inc. (CHWY) PT Lowered to $56 at RBC Capital
August 31, 2022 4:28 AM EDTRBC Capital analyst Steven Shemesh lowered the price target on Chewy Inc. (NYSE: CHWY) to $56.00 (from $59.00) while maintaining a Outperform rating.... More
Chewy Inc. (CHWY) PT Lowered to $54 at Evercore ISI
August 31, 2022 4:25 AM EDTEvercore ISI analyst Mark Mahaney lowered the price target on Chewy Inc. (NYSE: CHWY) to $54.00 (from $55.00) while maintaining a Outperform rating.... More
Chewy Inc. (CHWY) PT Raised to $40 at Wolfe Research
August 31, 2022 4:11 AM EDTWolfe Research analyst Deepak Mathivanan raised the price target on Chewy Inc. (NYSE: CHWY) to $40.00 (from $38.00) while maintaining a Outperform rating.... More
Chewy Inc. (CHWY) PT Lowered to $55 at JPMorgan
August 31, 2022 4:10 AM EDTJPMorgan analyst Doug Anmuth lowered the price target on Chewy Inc. (NYSE: CHWY) to $55.00 (from $56.00) while maintaining a Overweight rating.... More
Chewy Inc. (CHWY) PT Lowered to $39 at Morgan Stanley
August 31, 2022 3:29 AM EDTMorgan Stanley analyst Lauren Schenk lowered the price target on Chewy Inc. (NYSE: CHWY) to $39.00 (from $42.00) while maintaining a Equalweight rating.... More