Citizens lowers Chewy stock price target on valuation, keeps buy

📌 Key Takeaways

• Citizens lowered Chewy's stock price target due to valuation concerns.
• The firm maintained a 'buy' rating on Chewy despite the target reduction.
• The adjustment reflects a reassessment of Chewy's market value.
• The move indicates ongoing confidence in Chewy's long-term prospects.

🏷️ Themes

Stock Analysis, Valuation

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Source

investing.com