Raymond James initiated coverage on shares of Chewy (NYSE:CHWY) in a report issued on Tuesday, The Fly reports. The firm issued a market perform rating on the stock.
A number of other analysts have also weighed in on the stock. Bank of America reiterated a buy rating and issued a $43.00 price objective (up previously from $36.00) on shares of The Medicines in a research note on Tuesday. Royal Bank of Canada reiterated a sector perform rating and issued a GBX 485 ($6.34) price objective on shares of in a research note on Tuesday. JPMorgan Chase & Co. initiated coverage on shares of Pinduoduo in a research note on Tuesday. They issued an underweight rating and a $20.48 price objective on the stock. William Blair initiated coverage on shares of Chewy in a research note on Tuesday. They issued an outperform rating on the stock. Finally, Barclays increased their price objective on shares of Roper Technologies from $342.00 to $355.00 and gave the stock an equal weight rating in a research note on Tuesday. Seven equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus price target of $37.44.
Shares of Chewy stock opened at $33.96 on Tuesday. Chewy has a 12-month low of $30.78 and a 12-month high of $41.34.
Chewy Company Profile
Chewy, Inc, together with its subsidiaries, engages in the pure play e-commerce business in the United States. The company provides pet food, pet products, pet medications, and other pet health products for dogs, cats, fish, birds, small pets, horses, and reptiles through its chewy.com retail Website, as well as its mobile applications.
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