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Benzinga
Benzinga
Business
Adam Eckert

What's Going On With Chewy Stock Today?

Chewy Inc (NYSE:CHWY) shares are trading lower Wednesday after Piper Sandler cut its price target ahead of the company's earnings results.

Piper Sandler analyst Peter Keith maintained Chewy with a Neutral rating and lowered the price target from $45 to $29, citing net add and profitability concerns.

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