Chegg (CHGG) Tops Q3 EPS by 2c, Sales Beat; Guides Sales Higher

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Chegg (CHGG) PT Raised to $20 at Craig-Hallum

October 31, 2017 7:24 AM EDT

Craig-Hallum raised its price target on Chegg (NYSE: CHGG) to $20.00 (from $17.00) while maintaining a Buy rating.

Analyst Alex Fuhrman believes the new guidance for FY 2018 shows improved leverage as the "Chegg study remains go-to destination for students."

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