Analyst Downgrades – Chegg (NYSE:CHGG) Stock Gets Downgraded By Citigroup from Buy to Neutral

Analyst Ratings For Chegg (NYSE:CHGG)

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Today, Chegg (NYSE:CHGG) stock was downgraded by Citigroup from Buy to Neutral with a price target of $19.00.

Some recent analyst ratings include

  • 3/13/2018-Citigroup was Downgraded by analysts at Citigroup from a “Buy ” rating to a ” Neutral” rating. They now have a $19.00 price target on the stock, up previously from $22.70 .
  • 2/26/2018-Morgan Stanley initiated coverage with a Equal rating.
  • 2/13/2018-Barrington Research Reiterated Rating of Outperform .
  • 1/17/2018-BMO Capital Markets Reiterated Rating of Buy.
  • 1/9/2018-Northland Securities Reiterated Rating of Buy.


  • On 3/8/2018 Andrew J Brown, Insider, sold 87,500 with an average share price of $22.57 per share and the total transaction amounting to $1,974,875.00.
  • On 3/6/2018 Jeffrey T Housenbold, Director, sold 49,607 with an average share price of $21.99 per share and the total transaction amounting to $1,090,857.93.
  • On 3/2/2018 Andrew J Brown, Insider, sold 87,500 with an average share price of $20.27 per share and the total transaction amounting to $1,773,625.00.
  • On 3/1/2018 Esther Lem, CMO, sold 50,000 with an average share price of $19.78 per share and the total transaction amounting to $989,000.00.
  • On 2/21/2018 Nathan J Schultz, Insider, sold 66,666 with an average share price of $20.02 per share and the total transaction amounting to $1,334,653.32.
  • On 2/13/2018 Daniel Rosensweig, CEO, sold 200,000 with an average share price of $18.00 per share and the total transaction amounting to $3,600,000.00.
  • On 2/13/2018 Esther Lem, Insider, sold 10,000 with an average share price of $17.50 per share and the total transaction amounting to $175,000.00.

Recent Trading Activity for Chegg (NYSE:CHGG)
Shares of Chegg closed the previous trading session at with 22.3799991607666 shares trading hands.

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