WELLS FARGO & COMPANY (WFC) EVERYTHING INVESTORS NEED TO KNOW
Wells Fargo (NYSE:WFC) analyst Brian Fitzgerald maintained a Buy rating on Chewy (NYSE:CHWY) Inc on Monday, setting a price target of $55, which is approximately 13.54% above the present share price of $48.44.
Fitzgerald expects Chewy Inc to post earnings per share (EPS) of -$0.15 for the second quarter of 2020.
The current consensus among 11 TipRanks analysts is for a Moderate Buy rating of shares in Chewy, with an average price target of $44.1.
The analysts price targets range from a high of $53 to a low of $40.
In its latest earnings report, released on 01/31/2020, the company reported a quarterly revenue of $1.35 billion and a net profit of -$60.6 million. The company's market cap is $19.45 billion.
According to TipRanks.com, Wells Fargo analyst Brian Fitzgerald is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 31.0% and a 79.01% success rate.
Chewy, Inc. operates as a web-based, pet supplies e-tailer. The company is an online source for a wide variety of pet products, supplies and prescriptions for dogs, cats,
fish, birds, small pets, horses, and reptiles. It serves its customers through its retail website, www.chewy.com, and its mobile applications. The company was founded by Ryan Cohen and Michael Day in September 2011 and is headquartered in Beach, FL.
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