Shares of Best Buy (BBY) Up 4% on Barclay's Upgrade
Get Alerts BBY Hot Sheet
Price: $85.89 +0.19%
Rating Summary:
7 Buy, 25 Hold, 5 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 6 | New: 26
Rating Summary:
7 Buy, 25 Hold, 5 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 6 | New: 26
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Shares of Best Buy (NYSE: BBY) are up 4% today on the back of an upgrade over at Barclay's. The stock most recently traded at $29.40.
The firm moved its investment rating on Best Buy from Equalweight to Overweight, citing significant earnings power over other electronics retailers.
Notably, shares of Best Buy are up more than 8% in the last 4 trading sessions. As CNBC's Art Cashin noted earlier this morning, if the markets close in positive territory today, it will be one of the first 4-day upside streaks since the collapse of Lehman Brothers.
The firm moved its investment rating on Best Buy from Equalweight to Overweight, citing significant earnings power over other electronics retailers.
Notably, shares of Best Buy are up more than 8% in the last 4 trading sessions. As CNBC's Art Cashin noted earlier this morning, if the markets close in positive territory today, it will be one of the first 4-day upside streaks since the collapse of Lehman Brothers.
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