Wells Fargo Raises Petco Health and Wellness Price Target to $4.00, Maintains Equal-Weight Rating

Wells Fargo analyst Zachary Fadem raised Petco Health and Wellness' (WOOF) price target to $4.00 from $3.50, a 14.29% increase, while maintaining an "Equal-Weight" rating. The analyst's decision reflects a positive sentiment in the company's stock potential. The average target price for WOOF is $3.96, with a high estimate of $6.00 and a low estimate of $2.50.