Best Buy (BBY) volatility elevated into Q1 and outlook
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May 26, 2017 9:33 AM EDT
Deutsche Bank raised its price target on Best Buy (NYSE: BBY) to $60.00 (from $46.00) while maintaining a Hold rating.
Analyst Mike Baker believes that there are enough drivers in place to sustain positive comps this year even as TVs run out of... More
May 26, 2017 8:55 AM EDT
UBS raised its price target on Best Buy (NYSE: BBY) to $62.00 (from $51.00) while maintaining a Neutral rating. The company's 1Q domestic comp of 1.4% outpaced the industry by more than 400 bps. This represents the 3rd quarter out of the last 4 where it's accomplished this... More
May 26, 2017 7:53 AM EDT
Jefferies raised its price target on Best Buy (NYSE: BBY) to $60.00 (from $51.00) while maintaining a Hold rating following the company's 1Q earnings report. With ASPs still dropping sharply y-y, BBY saw TVs comp down in Q1, but the overall comps were still up 1.4% and... More
May 24, 2017 8:26 AM EDT
Jefferies raised its price target on Best Buy (NYSE: BBY) to $51.00 (from $43.00) while maintaining a Hold rating. Based on field checks and government data, analyst Daniel Binder believes that BBY should be able to grow its domestic SSS slightly better than... More
