| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 11/16/2023 | -18.75% | Morgan Stanley | $7 → $6.5 | Maintains | Underweight |
| 10/31/2023 | -12.5% | Morgan Stanley | $10 → $7 | Maintains | Underweight |
| 10/19/2023 | 25% | Morgan Stanley | $17 → $10 | Maintains | Underweight |
| 07/27/2023 | 112.5% | Morgan Stanley | $17 → $17 | Reiterates | Underweight → Underweight |
| 05/25/2023 | 150% | Lake Street | → $20 | Initiates Coverage On | → Buy |
| 03/23/2023 | 112.5% | Morgan Stanley | $18 → $17 | Maintains | Underweight |
| 11/08/2022 | 125% | Morgan Stanley | $19 → $18 | Maintains | Underweight |
| 07/26/2022 | 137.5% | Morgan Stanley | $20 → $19 | Maintains | Underweight |
| 05/10/2022 | 150% | Morgan Stanley | $21 → $20 | Maintains | Underweight |
| 01/25/2022 | 162.5% | Morgan Stanley | $25 → $21 | Maintains | Underweight |
| 01/20/2022 | 300% | Sidoti & Co. | → $32 | Upgrades | Neutral → Buy |
| 11/18/2021 | 212.5% | Morgan Stanley | → $25 | Initiates Coverage On | → Underweight |
| 10/01/2021 | 250% | Jefferies | → $28 | Initiates Coverage On | → Hold |
| 06/03/2021 | 387.5% | Sidoti & Co. | → $39 | Downgrades | Buy → Neutral |
| 03/05/2021 | — | Sidoti & Co. | Upgrades | Neutral → Buy | |
| 08/19/2020 | 412.5% | Sidoti & Co. | $37 → $41 | Upgrades | Neutral → Buy |
| 02/24/2020 | — | Sidoti & Co. | Downgrades | Buy → Neutral | |
| 10/17/2019 | 150% | Craig-Hallum | $15 → $20 | Maintains | Hold |
| 08/16/2019 | — | Craig-Hallum | Downgrades | Buy → Hold |
What is the target price for PetMed Express (PETS)?
The latest price target for PetMed Express (NASDAQ: PETS) was reported by Morgan Stanley on November 16, 2023. The analyst firm set a price target for $6.50 expecting PETS to fall to within 12 months (a possible -18.75% downside). 6 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for PetMed Express (PETS)?
The latest analyst rating for PetMed Express (NASDAQ: PETS) was provided by Morgan Stanley, and PetMed Express maintained their underweight rating.
When is the next analyst rating going to be posted or updated for PetMed Express (PETS)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of PetMed Express, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for PetMed Express was filed on November 16, 2023 so you should expect the next rating to be made available sometime around November 16, 2024.
Is the Analyst Rating PetMed Express (PETS) correct?
While ratings are subjective and will change, the latest PetMed Express (PETS) rating was a maintained with a price target of $7.00 to $6.50. The current price PetMed Express (PETS) is trading at is $8.00, which is out of the analyst's predicted range.