Chewy shares are trading lower after Mizuho downgraded the stock from Outperform to Neutral despite raising its price target from $43 to $47.

+0.40%

Chewy

CHWY

38.45

+0.40%

Chewy shares are trading lower after Mizuho downgraded the stock from Outperform to Neutral despite raising its price target from $43 to $47.

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