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Why Chegg's Stock Is Trading Lower Today

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Chegg (NYSE: CHGG) shares are trading lower on Monday.

BMO Capital downgraded the stock from Outperform to Market Perform.

Chegg is an American educational services company that specializes in textbook rentals, course assistance, and online tutoring. The company focuses on high school and college level students who are able to rent textbooks for various courses and return them to the company after completion. 

Chegg shares were trading down 3.55% at $64.30 at time of publication on Monday. The stock has a 52-week high of $67.98 and a 52-week low of $25.89.

Related Links:

Chegg Reports Q1 Earnings Beat, Subscribers Up 35% YoY

Chegg Trades Higher On Q2 Earnings Beat

Latest Ratings for CHGG

DateFirmActionFromTo
Jun 2020CitigroupDowngradesBuyNeutral
Jun 2020KeyBancInitiates Coverage OnOverweight
Jun 2020JefferiesMaintainsBuy

View More Analyst Ratings for CHGG
View the Latest Analyst Ratings

 

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Posted-In: why it's movingDowngrades Analyst Ratings

Latest Ratings

StockFirmActionPT
GNMKCanaccord GenuityMaintains20.0
MCOUBSMaintains344.0
LIIUBSMaintains235.0
QDELPiper SandlerMaintains250.0
LOWBarclaysMaintains150.0
View the Latest Analytics Ratings
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