Lake Street Just Issued ” Hold” Rating on Chegg

Chegg Inc (CHGG) was Downgraded by Lake Street to ” Hold” according to the research note released today. The brokerage firm has raised the Price Target to $ 14 from a previous price target of $12 . Earlier the firm had a rating of “Buy ” on the company shares. Lake Street advised their Clients and Investors in a research report released on Jul 26, 2017.
Based on several research reports , Company shares were Reiterated by First Analysis Sec on May 22, 2017 to “Overweight”, Firm has raised the Price Target to $ 14 from a previous price target of $12 .Chegg Inc was Upgraded by Raymond James to ” Outperform” on May 2, 2017.

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