Read Why KeyBanc Is Cautious On Chegg

Comments
Loading...
  • KeyBanc analyst Jason Celino downgraded Chegg Inc CHGG to Sector Weight from Overweight.
  • Celino said he observed a downtick in growth trends in the company’s credit/debit transactions.
  • Though international prospects seem bright, powered by localization catalysts, Celino believes that consistent growth in the U.S. is needed to warrant further multiple re-rating at current levels.
  • Price Action: CHGG shares are trading lower by 2.10% at $34.55 in premarket on the last check Tuesday.
CHGG Logo
CHGGChegg Inc
$0.4513-2.36%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum
2.08
Growth
99.26
Quality
-
Value
85.61
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm

Posted In: