Chegg (CHGG) Tops Q1 EPS by 3c; Raises Outlook
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Chegg (CHGG) PT Raised to $45 at BMO Capital
April 30, 2019 6:38 AM EDTBMO Capital analyst Jeffrey Silber raised the price target on Chegg (NYSE: CHGG) to $45.00 (from $42.00) while maintaining a Outperform rating.
The "beat" was both top- and bottom-line drivenManagement raised 2019 guidance for both revenues and adjusted EBITDAWhile we acknowledge valuation concerns, we believe estimates will prove to be conservative.... More