Best Buy says strong sales not 'new normal,' shares skid
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Best Buy (BBY) PT Lowered to $60 at UBS; Reiterates Neutral
August 30, 2017 8:29 AM EDTUBS lowered its price target on Best Buy (NYSE: BBY) to $60.00 (from $62.00) while maintaining a Neutral rating following the company's 2Q. Domestic comp of 5.4% beat the consensus estimate of 2.0%. The company saw gains across most major product categories with the notable exception of... More
Best Buy (BBY) Declares $0.34 Quarterly Dividend; 2.5% Yield
August 30, 2017 8:13 AM EDTBest Buy (NYSE: BBY) declared a quarterly dividend of $0.34 per share, or $1.36 annualized.
The dividend will be payable on October 10, 2017, to stockholders of record on September 19, 2017, with an ex-dividend date of September 18, 2017.
The annual yield on the dividend is 2.5... More
Loop Capital Reiterates Buy Rating & $72 PT on Best Buy (BBY); '2Q17 Bottom- & Top-Line Beat... Management Boosts FY17 Earnings Guidance'
August 29, 2017 12:22 PM EDTLoop Capital reiterates Buy rating and $72 price target on Best Buy (NYSE: BBY) following the company's second quarter earnings report and full year guidance announcement.
Analyst Anthony Chukumba notes the company delivered second quarter earnings per share, revenues and operating margin results above consensus... More
