Mizuho Securities upgraded Chewy Inc. to an Outperform rating on January 6, 2025, indicating a strong positive outlook for the online pet retailer. The firm stated that Chewy is well-positioned for a robust performance throughout 2025.
This upgrade reflects Mizuho's confidence in the company's strategic execution and market positioning. The analyst's assessment suggests that Chewy has significant upside potential in the coming year.
The positive re-evaluation by Mizuho Securities could influence investor sentiment and contribute to a more bullish perspective on Chewy's stock.
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