Chewy Stock Has 45% Upside, According to 1 Wall Street Analyst

Despite continued growth in the business, Chewy (CHWY 0.87%) stock has not rebounded with the broad market over the last year. Shares are still down 85% from their previous peak, but analysts at Needham see a buying opportunity.The firm recently maintained its buy rating for the stock with a price target of $25, which also happens to be close to the average price target for all analysts covering the stock.Why buy Chewy stock?There are a few factors weighing on the stock price. The company is struggling to g ...