Chewy (CHWY) May weekly 16.50 straddle into quarter results
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Chewy Inc. (CHWY) PT Raised to $22 at MoffettNathanson
May 29, 2024 4:02 PM EDTMoffettNathanson analyst Michael Morton raised the price target on Chewy Inc. (NYSE: CHWY) to $22.00 (from $18.00) while maintaining a Neutral rating.
The analyst comments "In the complex world of investing, the ingredient to improve Chewys multiple has been relatively simple: customer net additions. While we were early in our March report: Cover Your Short, Dont Get Bit with an outlook for improving pet household formation, Chewys comments on green shoots in pet adoption,... More
Jefferies Reiterates Buy Rating on Chewy Inc. (CHWY)
May 29, 2024 12:25 PM EDTJefferies analyst Kaumil Gajrawala reiterated a Buy rating and $25.00 price target on Chewy Inc. (NYSE: CHWY).
The analyst comments "Good start with margin progress (Adj EBITDA 5.7%, +170bp) overshadowing soft topline dynamics (sales +3%, active customers -2%). Importantly, better profitability stems from mix, sponsored ads,... More
Citi Reiterates Neutral Rating on Chewy Inc. (CHWY)
May 29, 2024 11:44 AM EDTCiti analyst Steven Zaccone reiterated a Neutral rating and $16.00 price target on Chewy Inc. (NYSE: CHWY).
The analyst comments "CHWY reported better than expected 1Q results prompting a relief rally in shares (i) sales slightly beat Street expectations noting CHWY share gains in the... More
Chewy Inc. (CHWY) PT Raised to $23 at CFRA
May 29, 2024 11:44 AM EDTCFRA analyst Arun Sundaram raised the price target on Chewy Inc. (NYSE: CHWY) to $23.00 (from $20.00) while maintaining a Hold rating.
The analyst comments "CHWY shares are surging on the heels of solid FQ1 (Apr-Q) results, a $500M share buyback announcement,... More
