And it continues, this time with $CHWY (+0,14 %) which has only recently found its way into my portfolio:
Morgan Stanley $MS (+5,76 %) has left the rating for Chewy (NYSE: CHWY) to 'overweight'. The price target is $51.00 after $48.00 previously.
Unfortunately, I am not able to provide details on the rationale here.
An interesting assessment of $CHWY (+0,14 %) was also found in an insight from Deutsche Bank $DBK (+0,08 %) :
After several years of using excess capacity to increase margins, where do investors still find potential for margin improvement in 2026, and where do we expect the most solid return on investments to be scaled this year?
$CHWY (+0,14 %) has the clearest path to incremental margin expansion within our universe of observations as the company moves out of the peak investment phase in 2025.
Source: investing.com (pro-subscription, so the articles are behind a paywall and I save myself the trouble of attaching them😉)
