Chegg (CHGG) Tops Q1 EPS by 1c ; Offers Huidance

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Chegg (CHGG) PT Lowered to $7 at BMO Capital

May 1, 2024 6:44 AM EDT

BMO Capital analyst Jeffrey Silber lowered the price target on Chegg (NYSE: CHGG) to $7.00 (from $9.00) while maintaining a Outperform rating.

The analyst comments "1Q24 results beat expectations despite a weak 1Q24 intake period. CHGG announced long-time CEO will step into the Executive... More

AI progress still hasn't translated to fundamentals for this software stock

April 30, 2024 7:30 PM EDT

While one software company is making solid progress in the artificial intelligence (AI) sector, it is not yet translating to the company's fundamentals, according to analysts at Needham & Company.

The investment firm reiterated a Hold rating on Chegg (NYSE: CHGG), following its lightly... More