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Bank of America reiterates Buy on Chewy into Sept. 9 earnings

Chewy heads into its September 9 earnings report as Bank of America analyst Michael McGovern reiterated a Buy rating and $31 price target, arguing the pet retailer may be nearing a better setup than the stock’s drop suggests.

CHWY

Chewy NYSE:CHWY heads into its September 9 earnings report with Bank of America arguing that the beaten-down pet retailer may be approaching a better setup than its stock price suggests.BofA analyst Michael McGovern reiterated a Buy rating and $31 price target, pointing to improving pet-industry sp…