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Chewy Slides 6% on Second Downgrade in Two Days as JPMorgan Cuts Target to $24; Petco Stays Put, Freshpet Nudges Higher
Source: 247wallst.com
Analyst InsightsConsumer Demand & Retail
Chewy shares fell 6% to $19.80 in Friday morning trading after JPMorgan removed the pet retailer from its buy-equivalent list. The move marks Chewy's second analyst downgrade in two sessions, signaling deteriorating near-term analyst sentiment toward the stock.
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Overall Sentiment
mildly negative
Sentiment Score
-0.35
Ticker Sentiment
CHWY-0.72
JPM0.00
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