Reassessing Chewy's Position In The Pet Industry (Rating Downgrade)

Martin Barraud/OJO Images via Getty Images Recap We last discussed Chewy (NYSE:CHWY) in December 2023. Within fewer than eight months, the stock has increased by 70% since we issued a buy rating of $17.5. Despite fierce competition, we think Chewy should be able to endure in this harsh environment, and the market's response indicates that the company has probably established itself in the sector. | --- | --- | |---------------------------------|--------| | Stock Covered | CHWY | | Analyst's rating at public ...