Chegg Inc (NYSE:CHGG) price target raised to $26.00 by Lake Street Capital

ME Staff
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Analyst Ratings For Chegg Inc (NYSE:CHGG)

Today, Lake Street Capital raised its price target on Chegg Inc (NYSE:CHGG) to $26.00 per share.

There are 7 Hold Ratings, 3 Buy Ratings, 1 Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Chegg Inc (NYSE:CHGG) is Hold with a consensus target price of $23.00 per share, a potential 9.70% downside.

Some recent analyst ratings include

  • 6/21/2018-Jefferies Financial Group was Downgraded by analysts at Jefferies Financial Group from a “Buy ” rating to a ” Hold” rating. They now have a $14.00 price target on the stock, up previously from $27.00 .
  • 6/12/2018-Northland Securities Upgrade from a “Top Pick” rating to a “” rating.
  • 4/27/2018-Craig Hallum was Downgraded by analysts at Craig Hallum from a “Buy ” rating to a ” Hold” rating. They now have a N/A price target on the stock.


  • On 7/12/2018 Daniel Rosensweig, CEO, sold 150,000 with an average share price of $28.91 per share and the total transaction amounting to $4,336,500.00.
  • On 7/2/2018 Dave Jr. Borders, General Counsel, sold 15,000 with an average share price of $27.77 per share and the total transaction amounting to $416,550.00.
  • On 6/12/2018 Daniel Rosensweig, CEO, sold 150,000 with an average share price of $29.15 per share and the total transaction amounting to $4,372,500.00.
  • On 6/4/2018 Jeffrey T Housenbold, Director, sold 40,000 with an average share price of $27.86 per share and the total transaction amounting to $1,114,400.00.
  • On 6/1/2018 Jenny Brandemuehl, Insider, sold 75,000 with an average share price of $27.63 per share and the total transaction amounting to $2,072,250.00.
  • On 6/1/2018 John E York, Director, sold 11,980 with an average share price of $27.89 per share and the total transaction amounting to $334,122.20.
  • On 5/30/2018 Renee Varni Budig, Director, sold 58,175 with an average share price of $27.75 per share and the total transaction amounting to $1,614,356.25.

About Chegg Inc (NYSE:CHGG)
Chegg, Inc. operates direct-to-student learning platform that supports students on their journey from high school to college and into their career with tools designed to help them pass their test, pass their class, and save money on required materials. The company offers Chegg Services, which include digital products and services; and required materials that comprise its print textbooks and eTextbooks. Its digital products and services include Chegg Study, which helps students master challenging concepts on their own; Chegg Writing that enables automatically generate sources in the required formats, when students need to cite their sources in written work; Chegg Tutors that allow students find human help on its learning platform through a network of live tutors; Chegg Math, an adaptive math technology and developer of the math application; Brand Partnership, which offers various ways for student-relevant brands to reach and engage high school and college students; Test Prep that provides students with an online adaptive test preparation services; and internships services. The company rents and sells print textbooks and eTextbooks; and offers supplemental materials and textbook buyback services. The company has a strategic alliance with Ingram Content Group. Chegg, Inc. was founded in 2003 and is headquartered in Santa Clara, California.

Recent Trading Activity for Chegg Inc (NYSE:CHGG)
Shares of Chegg Inc closed the previous trading session at 25,47 0,00 0,00 % with 25.38 shares trading hands.