JPMorgan Keeps Neutral Rating on Chewy as Target Price Falls to $24

JPMorgan Chase & Co. has reaffirmed its neutral rating for Chewy (NYSE:CHWY) in a research note issued to investors on Friday.

The analysts have set a target price of $24.00, down from their prior target price of $29.00.

This would indicate a potential upside of 13.66% from the stock's current price.

Several other research analysts have also commented on the stock, with Zacks Research upgrading shares to a 'hold' rating and Citizens JMP reaffirming an outperform rating with a $28 target.