Market Overview

Why Chewy's Stock is Trading Higher Today


The Price And Volume Action In Chewy's Stock Today

Chewy's (NYSE:CHWY) stock is trading up 6.45% to a price of $109.82. Wednesday the stock has been traded at a volume of 1.94 million, about 38.77% of its recent 30-day volume average of 5.01 million.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Chewy shares are trading higher after Credit Suisse maintained an Outperform rating on the stock and raised its price target from $104 to $121.

Insights On Recent Price Action

The stock's 50-day moving average was $80.16 at the time this article was published. Over the past fifty-two weeks, the price has risen as high as $109.73 and fallen to a low of $20.62.

If you're looking for timely and concise explanations of why a stock is moving, check out Benzinga Pro. Subscribers get ‘Why Is It Moving' alerts as soon as our research team identifies the cause of the price action in a stock. Click here to learn more.


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