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ValuEngine upgraded Chegg Inc (NYSE:CHGG) to Hold in a report released today.

Yesterday Chegg Inc (NYSE:CHGG) traded 1.08% higher at $12.50. The company’s 50-day moving average is $14.94 and its 200-day moving average is $12.90. The last closing price is down 22.94% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time. 714,876 shares of the stock were exchanged, down from an average trading volume of 1,174,190

ValuEngine has upgraded Chegg Inc (NYSE:CHGG) to Hold in a report released on 6/02/2017.

Previously on 5/22/2017, First Analysis reported on Chegg Inc (NYSE:CHGG) raised the target price from $12.00 to $14.00. At the time, this indicated a possible upside of 0.22%.

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Chegg Inc (NYSE:CHGG)

Chegg Inc has a 52 week low of $6.51 and a 52 week high of $16.23 The company’s market cap is currently $0.

General Information About Chegg Inc (NYSE:CHGG)

Chegg, Inc. is a student-first connected learning platform. The Company helps students study for college admission exams, find the colleges, get grades and test scores while in school, and find internships that allow them to gain skills to help them enter the workforce after college. The Company matches domestic and international students with colleges, universities and other academic institutions (collectively referred to as colleges) in the United States. It also offers eTextbooks library for rent and sale. The Company also has live tutors on its connected learning platform available to students online, anytime, anywhere through its Chegg Tutors service. It provides access to internships to help students gain skills that are critical to securing their first job. It offers two product lines: Required Materials and Chegg Services. The Required Materials product line includes the rental and sale of print textbooks and eTextbooks, as well as the commission it receives from Ingram.

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