Chewy (CHWY) Tops Q2 EPS by 22c
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August 29, 2024 7:09 AM EDT
RBC Capital analyst Steven Shemesh raised the price target on Chewy Inc. (NYSE: CHWY) to $32.00 (from $24.00) while maintaining a Outperform rating.
The analyst comments "Visibility back to +HSD net sales growth remains low, but bulls will latch on to continued evidence of category stabilization,... More
August 29, 2024 6:04 AM EDT
BofA Securities analyst Curtis Nagle raised the price target on Chewy Inc. (NYSE: CHWY) to $24.00 (from $20.00) while maintaining a Underperform rating.
The analyst comments "Reported 2Q rev inline with Street at $2.86bn, with EBITDA of $145mn above Street at $112mn, driven... More
August 28, 2024 1:12 PM EDT
CFRA analyst Arun Sundaram raised the price target on Chewy Inc. (NYSE: CHWY) to $31.00 (from $23.00) while maintaining a Hold rating.
The analyst comments "We lift our 12-month target to $31 from $23, based on a blended valuation (18x FY 26 EBITDA; 1.2x FY 26 EV/sales).... More
August 28, 2024 12:55 PM EDT
Goldman Sachs analyst Alexandra Steiger reiterated a Buy rating and $35.00 price target on Chewy Inc. (NYSE: CHWY).
The analyst comments "In its earnings report, Chewy (CHWY) mgmt struck a few key themes: 1) strong Q2 operating performance with revenue at the high-end of the guide... More
August 28, 2024 12:40 PM EDT
Evercore ISI analyst Mark Mahaney raised the price target on Chewy Inc. (NYSE: CHWY) to $29.00 (from $22.00) while maintaining a In Line rating.
The analyst comments "Our View: We reiterate our In Line rating, but increase our PT from $22 to $29 in the wake of a Mixed FQ2 EPS results. Profitability trends continue to improve nicely,... More
