StreetInsider.com News Articles

Best Buy (BBY) PT Raised to $88 at Citi

Thu, 13 Aug 2026 06:14:12 -0400

Citi analyst Steven Zaccone raised the price target on Best Buy (NYSE: BBY) to $88.00 (from $79.00) while maintaining a Neutral rating.

Truist Securities Upgrades Best Buy (BBY) to Buy, 'AI may turn “trade” into investment'

Tue, 11 Aug 2026 08:11:08 -0400

(Updated - August 11, 2026 8:11 AM EDT)

Truist Securities analyst Scot Ciccarelli upgraded Best Buy (NYSE: BBY) from Hold to Buy with a price target of $95.00 (from $81.00).

The analyst comments "Net/net – We are upgrading BBY to Buy from Hold, based on positive 2Q Truist Card reads (raising 2Q Dom comp to +2.5%E vs. Street/guide of +1%) and our view that the mkt will likely extrapolate 2Q trends/stacks to 2H expectations (upward buyside revisions). We think the improvement is being driven by continued replacement demand, internal changes (like appliance delivery) and emerging mini-product cycles (like AI wearables). While we

Truist Securities Upgrades Best Buy (BBY) to Buy, 'AI may turn “trade” into investment'

Tue, 11 Aug 2026 08:11:08 -0400

(Updated - August 11, 2026 8:11 AM EDT)

Truist Securities analyst Scot Ciccarelli upgraded Best Buy (NYSE: BBY) from Hold to Buy with a price target of $95.00 (from $81.00).

Truist Securities Upgrades Best Buy (BBY) to Buy, 'AI may turn “trade” into investment'

Tue, 11 Aug 2026 08:11:08 -0400

(Updated - August 11, 2026 8:11 AM EDT)

Truist Securities analyst Scot Ciccarelli upgraded Best Buy (NYSE: BBY) from Hold to Buy with a price target of $95.00 (from $81.00).

Truist Securities Upgrades Best Buy (BBY) to Buy, 'AI may turn “trade” into investment'

Tue, 11 Aug 2026 08:11:08 -0400

(Updated - August 11, 2026 8:11 AM EDT)

Truist Securities analyst Scot Ciccarelli upgraded Best Buy (NYSE: BBY) from Hold to Buy with a price target of $95.00 (from $81.00).

Truist Securities Upgrades Best Buy (BBY) to Buy, 'AI may turn “trade” into investment'

Tue, 11 Aug 2026 08:11:08 -0400

(Updated - August 11, 2026 8:11 AM EDT)

Truist Securities analyst Scot Ciccarelli upgraded Best Buy (NYSE: BBY) from Hold to Buy with a price target of $95.00 (from $81.00).

Truist Securities Upgrades Best Buy (BBY) to Buy, 'AI may turn “trade” into investment'

Tue, 11 Aug 2026 08:11:08 -0400

(Updated - August 11, 2026 8:11 AM EDT)

Truist Securities analyst Scot Ciccarelli upgraded Best Buy (NYSE: BBY) from Hold to Buy with a price target of $95.00 (from $81.00).

Best Buy (BBY) PT Raised to $85 at Wells Fargo

Tue, 11 Aug 2026 06:57:03 -0400

Wells Fargo analyst Zachary Fadem raised the price target on Best Buy (NYSE: BBY) to $85.00 (from $65.00) while maintaining a Equal Weight rating.

Jefferies downgrades Best Buy to Hold on slowing demand, memory cost concerns

Wed, 05 Aug 2026 08:17:20 -0400

Investing.com -- Jefferies downgraded Best Buy, a U.S. consumer electronics retailer to Hold from Buy, saying the market already reflects an optimistic outlook for second-quarter comparable sales while earnings upside beyond that could prove more limited amid softer consumer demand and rising cost pressures.

The brokerage said July purchase-intent data showed a more than 3% year-over-year decline, marking one of the sharpest monthly drops in over two years and raising concerns ahead of a difficult third-quarter comparison. It also expects any increase to full-year guidance after second-quarter results to be modest, citing recent finance leadership changes and elevated advertising spending

Jefferies downgrades Best Buy to Hold on slowing demand, memory cost concerns

Wed, 05 Aug 2026 08:17:20 -0400

Jefferies Downgrades Best Buy (BBY) to Hold

Wed, 05 Aug 2026 03:40:45 -0400

Jefferies analyst Jonathan Matuszewski downgraded Best Buy (NYSE: BBY) from Buy to Hold with a price target of $85.00 (from $89.00).

The analyst comments: “We are downgrading BBY to Hold with a view that the market is already embedding a solidly positive comp for 2Q and the magnitude of EPS outperformance thereafter may disappoint. Consumer purchase intentions for Best Buy reveal a clear downshift in July which doesn't bode well for the hardest compare of C'26 in 3Q. Beyond this year, rising laptop prices from the memory chip shortage and the lapping of transitory tailwinds suggest >5% EPS growth may be

Jefferies Downgrades Best Buy (BBY) to Hold

Wed, 05 Aug 2026 03:40:45 -0400

Jefferies analyst Jonathan Matuszewski downgraded Best Buy (NYSE: BBY) from Buy to Hold with a price target of $85.00 (from $89.00).

Best Buy (BBY) PT Raised to $95 at Telsey

Tue, 04 Aug 2026 05:08:31 -0400

Telsey analyst Jospeh Feldman raised the price target on Best Buy (NYSE: BBY) to $95.00 (from $90.00) while maintaining a Outperform rating.

The analyst comments "TAG View: After the markets closed on Monday, August 3, Best Buy announced the appointment of Anne Bramman as EVP and CFO, effective August 19. Ms. Bramman will replace Matt Bilunas, who left the company at the end of July. To help with the transition, Ms. Bramman will join the executive team about two and a half months before Jason Bonfig succeeds Corie Barry as CEO on November 1, 2026. (Recall, Ms. Barry was CFO before

Best Buy (BBY) PT Raised to $95 at Telsey

Tue, 04 Aug 2026 05:08:31 -0400

Telsey analyst Jospeh Feldman raised the price target on Best Buy (NYSE: BBY) to $95.00 (from $90.00) while maintaining a Outperform rating.

Form 8-K BEST BUY CO INC For: Aug 01

Mon, 03 Aug 2026 16:09:00 -0400

si-local-file:///var/storage/secattach/20260803/26857870.html

Form 8-K BEST BUY CO INC For: Aug 01

Mon, 03 Aug 2026 16:09:00 -0400

si-local-file:///var/storage/secattach/20260803/26857870.html

Best Buy names Anne Bramman as CFO ahead of CEO transition

Mon, 03 Aug 2026 16:05:10 -0400

Best Buy Co., Inc. (NYSE: BBY) announced the appointment of Anne Bramman as executive vice president and chief financial officer, effective Aug. 19, according to a company statement.

Bramman brings more than 30 years of experience in finance, operations, strategy, and transformation. She will lead Best Buy's global finance organization and report to incoming CEO Jason Bonfig, who is set to succeed current CEO Corie Barry on Nov. 1.

Most recently, Bramman served as chief financial and growth officer at Circana, a consumer analytics company. Before that, she held the CFO role at Nordstrom, where she oversaw financial strategy, capital allocation, and

Best Buy names Anne Bramman as CFO ahead of CEO transition

Mon, 03 Aug 2026 16:05:10 -0400

Best Buy Co., Inc. (NYSE: BBY) announced the appointment of Anne Bramman as executive vice president and chief financial officer, effective Aug. 19, according to a company statement.

Best Buy names Anne Bramman as CFO ahead of CEO transition

Mon, 03 Aug 2026 16:05:10 -0400

Best Buy Co., Inc. (NYSE: BBY) announced the appointment of Anne Bramman as executive vice president and chief financial officer, effective Aug. 19, according to a company statement.

Best Buy names Anne Bramman as CFO ahead of CEO transition

Mon, 03 Aug 2026 16:05:10 -0400

Best Buy Co., Inc. (NYSE: BBY) announced the appointment of Anne Bramman as executive vice president and chief financial officer, effective Aug. 19, according to a company statement.

Best Buy appoints Anne Bramman as Chief Financial Officer

Mon, 03 Aug 2026 16:05:00 -0400

Bramman, a veteran Fortune 500 executive, brings deep retail, consumer and operational finance expertise to Best Buy
She will join the executive leadership team under Jason Bonfig, who will succeed Corie Barry as CEO on Nov. 1

MINNEAPOLIS--(BUSINESS WIRE)-- Best Buy Co., Inc. (NYSE: BBY) announced today the appointment of Anne Bramman as executive vice president and chief financial officer, effective Aug. 19.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260803341415/en/

Anne Bramman

Bramman joins Best Buy as a seasoned public

Best Buy appoints Anne Bramman as Chief Financial Officer

Mon, 03 Aug 2026 16:05:00 -0400

Bramman, a veteran Fortune 500 executive, brings deep retail, consumer and operational finance expertise to Best Buy
She will join the executive leadership team under Jason Bonfig, who will succeed Corie Barry as CEO on Nov. 1

MINNEAPOLIS--(BUSINESS WIRE)-- Best Buy Co., Inc. (NYSE: BBY) announced today the appointment of Anne Bramman as executive vice president and chief financial officer, effective Aug. 19.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260803341415/en/

Anne Bramman

Bramman joins Best Buy as a seasoned public

Best Buy appoints Anne Bramman as Chief Financial Officer

Mon, 03 Aug 2026 16:05:00 -0400

Bramman, a veteran Fortune 500 executive, brings deep retail, consumer and operational finance expertise to Best Buy
She will join the executive leadership team under Jason Bonfig, who will succeed Corie Barry as CEO on Nov. 1

MINNEAPOLIS--(BUSINESS WIRE)-- Best Buy Co., Inc. (NYSE: BBY) announced today the appointment of Anne Bramman as executive vice president and chief financial officer, effective Aug. 19.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260803341415/en/

Anne Bramman

Bramman joins Best Buy as a seasoned public

Best Buy appoints Anne Bramman as Chief Financial Officer

Mon, 03 Aug 2026 16:05:00 -0400

Bramman, a veteran Fortune 500 executive, brings deep retail, consumer and operational finance expertise to Best Buy
She will join the executive leadership team under Jason Bonfig, who will succeed Corie Barry as CEO on Nov. 1

MINNEAPOLIS--(BUSINESS WIRE)-- Best Buy Co., Inc. (NYSE: BBY) announced today the appointment of Anne Bramman as executive vice president and chief financial officer, effective Aug. 19.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260803341415/en/

Anne Bramman

Bramman joins Best Buy as a seasoned public

Best Buy appoints Anne Bramman as Chief Financial Officer

Mon, 03 Aug 2026 16:05:00 -0400

Bramman, a veteran Fortune 500 executive, brings deep retail, consumer and operational finance expertise to Best Buy
She will join the executive leadership team under Jason Bonfig, who will succeed Corie Barry as CEO on Nov. 1

MINNEAPOLIS--(BUSINESS WIRE)-- Best Buy Co., Inc. (NYSE: BBY) announced today the appointment of Anne Bramman as executive vice president and chief financial officer, effective Aug. 19.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260803341415/en/

Anne Bramman

Bramman joins Best Buy as a seasoned public