Improved In-Store Experiences Will Spark Pet Care Success

Analysts modestly raised Petco's price target to $3.91, citing early EBITDA and margin improvements from cost and operational initiatives, but remain cautious due to ongoing sales and traffic softness and long-term execution risks. Analyst Commentary Bullish analysts point to encouraging early proof points and improving footing if positive trends persist, supported by initial Q1/Q2 improvements in EBITDA and earnings.