Petco (WOOF) Price Target Elevated to $4.00 by UBS Growth Strategy
Published on · Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowUBS raised the price target for Petco Health & Wellness Co. Inc. (WOOF) from $3.50 to $4.00 on March 16 while maintaining a Neutral rating. The firm's confidence in WOOF's prospects is based on a multi-faceted growth strategy focused on core consumables, supplies, and services. For 2026, management anticipates sales to remain flat or grow by up to 1.5%, with adjusted EBITDA projected between $415 million and $430 million. UBS indicated that while the outlook is realistic, achieving efficiency gains may be challenging as the company aims to capture opportunities in 2025.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
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