Analyst Highlights Chewy's Massive Growth Potential

Chewy Inc (NYSE:CHWY) stock is 1.1% higher in pre-market trading, following a bull note at Wolfe Research. The analyst upgraded shares of the online pet retailer to "outperform" from "peer perform" and named it a top pick, citing potential for revenue and margin growth, as well as robust valuation. Over the last nine months, CHWY is up nearly 107% and boasts a 62.2% year-over-year lead. The equity has moved steadily higher since suffering an early November bear gap, working its way back towards its June 27, ...