The article is talking about a company called Chewy. They sell pet stuff online. People who know about these things think that this company will make more money than they expected before. So, they say it's a good company to invest in. The writer thinks that because more people are saying this, the stock price (what one share of the company is worth) will go up. Read from source...
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NEUTRAL
Article's Sentiment Average: NEUTRAL
Article's Sentiment Score: 0
Count of Positive Sentences: 1
Count of Negative Sentences: 0
Count of Neutral Sentences: 2
Count of All Sentences: 3
1. Chewy appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy).
2. For the fiscal year ending January 2025, this online pet store is expected to earn $1.14 per share, which is a change of 65.2% from the year-ago reported number.
3. Analysts have been steadily raising their estimates for Chewy. Over the past three months, the Zacks Consensus Estimate for the company has increased 58.4%.
Chewy Upgraded to Buy: Here's Why | Benzinga was written by Zacks, Benzinga Contributor and syndicated from Benzinga.com for informational purposes only, and is not a recommendation to buy, hold, or sell any particular security or stock. The information provided in this article does not constitute investment advice. Please consult a financial advisor or professional for advice before making any investment decisions. This article may contain forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or implied. Benzinga and its staff are not responsible for any loss arising from the use of this information. Please consult directly with a financial advisor or professional for advice and guidance regarding your investment decisions.
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