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CHWY
Benzinga
64 days

5 Stocks In The Spotlight From Wall Street's Most Accurate Analysts Last Week

1. U.S. stocks fell significantly, impacting market sentiment. 2. Analysts' accuracy varies widely, complicating stock ratings. 3. JP Morgan raised CHWY price target from $36 to $47. 4. CHWY reported better-than-expected earnings, up 12.9% year-over-year. 5. Analyst ratings can be effective trading indicators.

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FAQ

Why Bullish?

JP Morgan's upgraded price target indicates confidence in CHWY's performance. Historical trends show analysts’ upgrades often lead to price increases.

How important is it?

Analyst ratings directly influence investor behavior. Significant upgrades suggest sentiment shift towards CHWY, enhancing its short-term viability.

Why Short Term?

Upcoming market reactions may result from recent earnings and target adjustments. Historical patterns suggest immediate upward price movement post-analyst upgrades.

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