Best Buy (BBY) Tops Q1 EPS by 20c, Sales Beat
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/30/2026
Go back to Best Buy (BBY) Tops Q1 EPS by 20c, Sales Beat
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 25, 2017 4:52 PM EDT
(Updated - May 25, 2017 4:53 PM EDT)
(updated to correct action, stock was maintained not upgraded)
BofA/Merrill Lynch maintains Best Buy (NYSE: BBY) with a Buy, raises price target to $68.00 (from $58.00).
The analyst comments that BBY results "beat our lofty expectations" and... More
May 25, 2017 1:43 PM EDT
Credit Suisse raised its price target on Best Buy (NYSE: BBY) to $60.00 (from $47.00) while maintaining a Neutral rating following solid Q1 results.
Analyst Seth Sigman notes the sales outlook for Q2 was better. He adds that while 2nd-half visibility is still limited... More
May 25, 2017 12:09 PM EDT
Loop Capital analyst Anthony Chukumba raised its price target on Best Buy (NYSE: BBY) to $64.00 (from $58.00) while maintaining a Buy rating following strong Q1 results.
Chukumba said the investments the company has made over the past several years have continued to bear... More
