RBC Capital Reiterates Chewy Inc - (CHWY) Outperform Recommendation
Nasdaq Fintel reports that on June 2, 2023, RBC Capital reiterated coverage of Chewy Inc - (NYSE:CHWY) with a Outperform recommendation.
Analyst Price Forecast Suggests 29.56% Upside
As of June 2, 2023, the average one-year price target for Chewy Inc - is 46.01. The forecasts range from a low of 26.26 to a high of $71.14. The average price target represents an increase of 29.56% from its latest reported closing price of 35.51.
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The projected annual revenue for Chewy Inc - is 11,376MM, an increase of 12.65%. The projected annual non-GAAP EPS is 0.10.
What is the Fund Sentiment?
There are 634 funds or institutions reporting positions in Chewy Inc -. This is an increase of 9 owner(s) or 1.44% in the last quarter. Average portfolio weight of all funds dedicated to CHWY is 0.37%, an increase of 1.64%. Total shares owned by institutions decreased in the last three months by 0.53% to 441,511K shares. The put/call ratio of CHWY is 0.63, indicating a bullish outlook.