Why Chewy Stock Ticked Higher on Thursday
Usually, a stock that gets an analyst recommendation upgrade also gets a share price pop. On Thursday, (NYSE: CHWY) was fortunate enough to be the beneficiary of two such moves, and as a result its shares closed the day almost 3% higher in price. This was during a trading session when the S 500 index mustered a relatively low 0.9% increase.
The first of the two upgrades was made by Seaport Global Securities's Aaron Kessler. That morning, Kessler upped his recommendation to buy from the previous neutral, at a price target of $47 per share. That's 30% above the company's most recent closing stock price.
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Source Fool.com
Chewy Inc Aktie
19,39 €
-1,00 %
Reines Buy-Sentiment für Chewy Inc, keine Sell-Einschätzungen in Sicht.
Die Community erwartet für Chewy Inc ein Kursziel von 36 €, was eine Steigerung von über 50% gegenüber 19.39 € bedeuten würde.
