Credit Suisse Restarts Best Buy (BBY) at Outperform, $32 Price Target

January 27, 2012 11:19 AM EST
Get Alerts BBY Hot Sheet
Price: $87.35 +1.08%

Rating Summary:
    7 Buy, 25 Hold, 5 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 10 | Down: 18 | New: 20
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Credit Suisse's Gary Balter reinstated coverage on electronics retailer Best Buy (NYSE: BBY) Friday morning. The analyst rates the stock an Outperform with a $32 price target.

With Best Buy shares up 0.4 percent to $25.12 this morning, Balter's new price target represents potential upside of about 27 percent.

For an analyst ratings summary and ratings history on Best Buy click here. For more ratings news on Best Buy click here.


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