Tag: Wedbush analyst Seth Basham
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This is Why Chewy Could Rally to Higher Highs
Chewy (CHWY) is on the run. After bottoming out around $24, the stock is now up to $38. Now, if it can break above prior resistance around $40, it could see $50, near-term. One of the top reasons for the move is that it’s recession resistant, says Needham analyst Anna Andreeva. Helping, the analyst also…