Chewy reports Q3 earnings beat, revenue up 4.8% YoY
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CFRA Upgrades Chewy Inc. (CHWY) to Buy
December 4, 2024 1:14 PM ESTCFRA analyst Arun Sundaram upgraded Chewy Inc. (NYSE: CHWY) from Hold to Buy with a price target of $39.00 (from $31.00).
The analyst comments "We lift our 12-month target by $8 to $39, based on a blended valuation (19x FY 26 EBITDA; 1.6x FY 26 EV/sales). We lower our FY 25 EPS to $0.99 from... More
