After-hours movers: Costco gains following results, Lennar falls
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Chewy (CHWY) investor day underwhelms, 'not thesis changing' says analyst
December 15, 2023 9:00 AM ESTOnline pet retailer Chewy's (NYSE: CHWY) shares are up more than 3% ahead of the open on Friday, a day after the company held an investor day, with Wall Street analysts providing a mixed reaction to the event.
The company reportedly discussed key initiatives across health, retail, international, operations, and updated its financial framework and long-term targets.
BofA analyst Curtis Nagle maintained an Underperform rating and $15 price target on the stock following the investor day, stating that the targets Chewy... More
