$WOO Petco Health and Wellness (WOOF) currently holds a *hold* consensus from analysts, with a slight bearish sentiment reflected in a target price of **$3.49**, representing a potential downside from its current price of **$4.10**. This suggests that while the company is expected to experience some growth, particularly as it focuses on expanding veterinary and wellness services, market sentiment remains cautious.

The stock is facing increased short interest, with around 29% of shares sold short, indicating that many investors are skeptical about its short-term prospects. However, long-term growth is anticipated as Petco continues to adapt its strategy.

For an entry point, **$3.00 to $3.50** could present a favorable buying range if you are looking for a potentially safer bet, especially in light of current volatility.