Petco Health and Wellness (WOOF) Tops Q1 EPS by 1c; offers guidance

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Petco Heath & Wellness Co. Inc. (WOOF) PT Raised to $3 at Evercore ISI

May 24, 2024 5:08 AM EDT

Evercore ISI analyst Oliver Wintermantel raised the price target on Petco Heath & Wellness Co. Inc. (NASDAQ: WOOF) to $3.00 (from $2.00) while maintaining a In Line rating.

The analyst comments "Petco still has some bark left in it. 1Q24 results easily came in ahead of compressed expectations with less comp degradation than anticipated and... More

Petco Heath & Wellness Co. Inc. (WOOF) PT Raised to $3 at RBC Capital

May 24, 2024 5:03 AM EDT

RBC Capital analyst Streven Shemesh raised the price target on Petco Heath & Wellness Co. Inc. (NASDAQ: WOOF) to $3.00 (from $2.70) while maintaining a Outperform rating.

The analyst comments "1Q results exceeded guidance, which we view as a good first step towards rebuilding credibility.... More

Petco Heath & Wellness Co. Inc. (WOOF) PT Raised to $4 at Wedbush, Adds to Best Ideas List

May 23, 2024 6:30 AM EDT

Wedbush analyst Seth Basham raised the price target on Petco Heath & Wellness Co. Inc. (NASDAQ: WOOF) to $4.00 (from $3.00) while maintaining a Outperform rating.

The analyst comments "We are adding WOOF to Wedbushs Best Ideas list following better-than-expected 1Q24 results that beat consensus... More

Guggenheim Reiterates Neutral Rating on Petco Heath & Wellness Co. Inc. (WOOF)

May 23, 2024 5:50 AM EDT

Guggenheim analyst Steven Forbes reiterated a Neutral rating on Petco Heath & Wellness Co. Inc. (NASDAQ: WOOF).

The analyst comments "In our view, WOOF's 1Q 2024 operating results (Exhibit 1) represent a period of sequential improvementunderpinned by a ~1% net sales beat plus a better-than-we-expected gross margin... More