4 days ago
Chewy (CHWY) Receives a Rating Update from a Top Analyst
J.P. Morgan analyst Doug Anmuth reiterated a Buy rating on Chewy (CHWY – Research Report) today and set a price target of $36.00. The company's shares closed today at $47.49.
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Anmuth covers the Communication Services sector, focusing on stocks such as Alphabet Class C, Meta Platforms, and Alphabet Class A. According to TipRanks, Anmuth has an average return of 21.2% and a 63.49% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Chewy with a $42.30 average price target, a -10.93% downside from current levels. In a report released on May 30, Bank of America Securities also reiterated a Buy rating on the stock with a $49.00 price target.
CHWY market cap is currently $19.76B and has a P/E ratio of 52.57.
