1. Chewy, Inc. (NYSE:CHWY) is considered one of the stocks under $50 to buy now, with Morgan Stanley raising the price target to $51 on January 13, while Wolfe Research lowered it to $44 on January 6. The consensus 1-year median price target is $46, indicating a potential upside of 41.84%.
2. Chewy, Inc. (NYSE:CHWY), a Florida-based company founded in 2010, offers pet food, medications, and other pet-health products through its retail websites and mobile apps. Analysts give it a ‘Buy’ rating by 69%, with 31% recommending a Hold, as of January 21.
3. Despite the positive outlook on Chewy, Inc. (NYSE:CHWY), some AI stocks may offer better upside potential with lower downside risk. For investors seeking undervalued AI stocks, a free report on the best short-term AI stock is available for consideration.
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Read more at Yahoo Finance: Is Chewy Inc.’s (CHWY) AI Upside Enough to Justify Further Gains?