Petco price target raised to $2.50 from $2.10 at BofA

From Yahoo Finance: 2025-06-07 09:30:00

BofA raises Petco’s price target to $2.50, keeps Underperform rating after Q1 EBITDA beat. FY26 EBITDA view raised to $386M, EPS view raised by 2c. Analyst notes cost transformation progress but sees same-store sales softness and market share erosion risk in near-term.

Source: TheFly

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