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home / articles / chewy gets a bite of confidence morgan stanley upgra mwn benzinga

CHWY - Chewy Gets A Bite Of Confidence: Morgan Stanley Upgrades To Overweight Despite Market Gloom | Benzinga

Chewy Inc. Class A

Morgan Stanley analyst Lauren Schenk upgraded Chewy Inc (NYSE: CHWY) to Overweight from Equal-Weight at a lowered price target of $28 (from $31).

The analyst notes that CHWY has declined more than 50% since mid-July owing to forward customer growth concerns but sees the move as overdone.

Schenk says CHWY is still gaining market share ...

Full story available on Benzinga.com
Stock Information
Company Name: Chewy Inc. Class A
Stock Symbol: CHWY
Market: NYSE
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