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Morgan Stanley Sticks to Their Sell Rating for Petmed Express (PETS)

Tipranks - Thu Apr 17, 2025

Morgan Stanley analyst Erin Wright maintained a Sell rating on Petmed Express (PETSResearch Report) today and set a price target of $3.50. The company’s shares closed yesterday at $3.04.

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Wright covers the Healthcare sector, focusing on stocks such as Zoetis, Align Tech, and Cencora. According to TipRanks, Wright has an average return of 13.5% and a 64.40% success rate on recommended stocks.

Currently, the analyst consensus on Petmed Express is a Hold with an average price target of $4.00.

The company has a one-year high of $6.85 and a one-year low of $2.90. Currently, Petmed Express has an average volume of 256.5K.

Based on the recent corporate insider activity of 25 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of PETS in relation to earlier this year. Last month, NINA CAPITAL HOLDINGS INC., a Major Shareholder at PETS bought 100,000.00 shares for a total of $408,000.00.

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