Fly News Breaks for June 23, 2017
CHGG
Jun 23, 2017 | 13:25 EDT
Following meetings with the CFO and IR team of Chegg, Barrington analyst Alexander Paris raised his 2018 estimates, hiking his revenue forecast by $10M to $295M and his EPS view to 53c from 47c. Paris increased his price target on Chegg, which he sees as only in the early innings of its monetization efforts, to $17 from $12.50 and keeps an Outperform rating on the shares.
News For CHGG From the Last 2 Days