After-Hours Action: Why Chewy Stock Is Soaring
Chewy Inc (NYSE: CHWY) shares are surging in Wednesday's after-hours session after the company reported strong financial results.
Chewy Q1 Sales $2.43B Beat $2.42B Estimate
Chewy (NYSE:CHWY) reported quarterly sales of $2.43 billion which beat the analyst consensus estimate of $2.42 billion by 0.41 percent. This is a 13.82 percent increase over sales of $2.13 billion the same period last
What’s Going On With Chewy Stock Today?
Chewy Inc (NYSE: CHWY) shares are trading lower Wednesday after Piper Sandler cut its price target ahead of the company's earnings results.
Piper Sandler Maintains Neutral on Chewy, Lowers Price Target to $29
Piper Sandler analyst Peter Keith maintains Chewy (NYSE:CHWY) with a Neutral and lowers the price target from $45 to $29.
Earnings Scheduled For June 1, 2022
Companies Reporting Before The Bell
• Affimed (NASDAQ:AFMD) is projected to report quarterly loss at $0.19 per share on revenue of $10.05 million.
UBS Maintains Neutral on Chewy, Lowers Price Target to $23
UBS analyst Joseph Parkhill maintains Chewy (NYSE:CHWY) with a Neutral and lowers the price target from $42 to $23.
Deutsche Bank Maintains Buy on Chewy, Lowers Price Target to $35
Deutsche Bank analyst Lee Horowitz maintains Chewy (NYSE:CHWY) with a Buy and lowers the price target from $55 to $35.
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