Best Buy (BBY) volatility elevated into Q1 and outlook
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Best Buy (BBY) PT Raised to $60 at Deutsche Bank
May 26, 2017 9:33 AM EDTDeutsche 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
Best Buy (BBY) PT Raised to $62 at UBS Following 1Q
May 26, 2017 8:55 AM EDTUBS 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
Best Buy (BBY) PT Raised to $60 at Jefferies; Remains Sidelined
May 26, 2017 7:53 AM EDTJefferies 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
Best Buy (BBY) PT Raised to $51 at Jefferies Following Field Checks
May 24, 2017 8:26 AM EDTJefferies 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
