Chewy upgraded as MoffettNathanson bets on the pet industry's underdog (CHWY:NYSE)

After five years of post-COVID volatility, pet-owning households are expected to increase by 1% each year through 2027, leaving pure play Chewy (NYSE:CHWY) positioned to capture a large chunk of the pet wallet. Betting on the “underdog” in the pet industry, MoffettNathanson raised ...