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RBC Capital Keeps Their Buy Rating on Petco Health and Wellness Company (WOOF)

Tipranks - Tipranks - Wed Mar 11, 5:54AM CDT

In a report released yesterday, Steven Shemesh from RBC Capital maintained a Buy rating on Petco Health and Wellness Company, with a price target of $4.00. The company’s shares closed yesterday at $2.33.

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According to TipRanks, Shemesh is an analyst with an average return of -0.4% and a 50.67% success rate. Shemesh covers the Consumer Cyclical sector, focusing on stocks such as Advance Auto Parts, O’Reilly Auto, and Valvoline.

Petco Health and Wellness Company has an analyst consensus of Hold, with a price target consensus of $3.33.

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Based on Petco Health and Wellness Company’s latest earnings release for the quarter ending November 1, the company reported a quarterly revenue of $1.46 billion and a net profit of $9.33 million. In comparison, last year the company earned a revenue of $1.51 billion and had a GAAP net loss of $16.67 million

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