Best Buy (BBY) Tops Q3 EPS by 7c; Comps Show Surprise Gain

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Best Buy (BBY) PT, Estimates Raised at Piper Jaffray on Strong Qtr & Comp

November 21, 2014 7:39 AM EST

Piper Jaffray analyst Peter Keith raised estimates and his price target on Overweight-rated Best Buy (NYSE: BBY) to $43.00 (from $39.00) following strong Q3 results.

Keith commented, "We are reiterating our Overweight rating and raising our price target from $39 to $43 on BBY following very... More