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- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Qtrex Quantum executives plan to buy up to 2M shares over 12 months
Best Buy (BBY) PT Raised to $51 at UBS; Remains Sidelined
May 23, 2017 9:36 AM EDTUBS raised its price target on Best Buy (NYSE: BBY) to $51.00 (from $47.00) while maintaining a Neutral rating.
Overall, analyst Michael Lasser forecasts -30 bps of OM degradation to 2.6%, in line with the consensus estimate. UBS' forecast consists of -10 bps of GM erosion as... More
