JPMorgan downgrades Chewy to Neutral
Chewy shares fell 1.57% after JPMorgan cut the stock to Neutral from Overweight. Analyst Doug Anmuth set a December 2027 price target of $24 and cited macroeconomic pressure on organic growth.
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JPMorgan downgrades Chewy to Neutral, cuts PT to $24
JPMorgan downgraded Chewy to Neutral from Overweight and cut its December 2027 price target to $24 from $29.