HomeBusinessConsumer ServicesChegg (CHGG) Gets Upgraded Despite Being Down 50% YTD
Chegg (CHGG) Gets Upgraded Despite Being Down 50% YTD

Chegg (CHGG) operates a direct-to-student learning platform. George Tsilis discusses how CHGG and other growth companies are struggling, noting that CHGG is down almost 50% YTD. He also talks about how Needham upgraded CHGG to buy from hold with a $28 price target. He then goes over how CHGG expects above average revenue per user increase with their planned price increase. He then demonstrates an example trade using CHGG. Tune in to find out more about the stock market today.

Trading 360

26 Sep 2022

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