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Chegg (NYSE:CHGG) Downgraded by Jefferies Financial Group

Chegg (NYSE:CHGG – Get Free Report) was downgraded by equities researchers at Jefferies Financial Group from a “hold” rating to an “underperform” rating in a research note issued on Tuesday, Briefing.com reports. They presently have a $4.00 target price on the technology company’s stock, down from their prior target price of $7.00. Jefferies Financial Group’s […] ....

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Chegg (NYSE:CHGG) Reaches New 12-Month Low After Analyst Downgrade

Chegg, Inc. (NYSE:CHGG – Get Free Report)’s stock price hit a new 52-week low on Tuesday after Jefferies Financial Group downgraded the stock from a hold rating to an underperform rating. Jefferies Financial Group now has a $4.00 price target on the stock, down from their previous price target of $7.00. Chegg traded as low […] ....

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Chegg stock crashes as free AI tools send online education company 'spiraling'

Chegg's growth metrics have declined since the launch of free AI learning tools, weighing heavily on the stock. ....

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GSA Capital Partners LLP Acquires New Shares in Chegg, Inc. (NYSE:CHGG)

GSA Capital Partners LLP acquired a new stake in Chegg, Inc. (NYSE:CHGG – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 119,184 shares of the technology company’s stock, valued at approximately $1,063,000. GSA Capital Partners LLP owned approximately 0.10% of […] ....

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