Best Buy (BBY) Tops Q3 EPS by 6c; Tot. Comps Growth Lagged Expectations
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Morgan Stanley Expects Holiday Boost on Best Buy (BBY) Following Industry Slowdown; Reiterates Overweight
November 20, 2015 10:45 AM ESTMorgan Stanley reiterated an Overweight rating on Best Buy (NYSE: BBY), and cut the price target to $37.00 (from $40.00), following the company's 3Q earnings report. EPS came in at $0.41, $0.06 better than consensus. Earnings quality was subpar as gross margin was unexpectedly helped by quasi-temporary warranty... More
Best Buy (BBY) PT Trimmed at Jefferies But 'Buy' Maintained
November 20, 2015 9:39 AM ESTJefferies analyst, Daniel Binder, highlighted Best Buy (NYSE: BBY) as a favorite retail name as it outperforms the industry and experiences robust growth online. It is one of the few retailers that saw an acceleration in online growth in Q3.
Each... More
GoPro (GPRO) on Watch as Best Buy Notes Segment Weakness
November 19, 2015 8:39 AM ESTThe bloodletting in GoPro (NASDAQ: GPRO) may not stop today after Best Buy (NYSE: BBY) noted weakness in the segment with third quarter results this morning.
"From a merchandising perspective, comparable sales growth in computing, major appliances, health &... More
