Raymond James upgrades Chewy as it sees expectations conservative
Market Intelligence Analysis
AI-PoweredRaymond James upgraded Chewy to Outperform from Market Perform, citing a reset in expectations after the stock's significant decline. This move suggests a positive outlook on the company's future performance. The upgrade is a bullish signal for Chewy's stock.
Market impact analysis based on bullish sentiment with 90% confidence.
Article Context
Investing.com -- Raymond James upgraded Chewy to Outperform from Market Perform, citing a reset in expectations after the stock fell 33% since its fiscal third quarter results while the S&P 500 was flat.
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