Best Buy sales jump during key holiday quarter

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Best Buy (BBY) PT Raised to $83 at Loop Capital on 1Q18 Beat; 'Strength Across Several Product Categories'

March 1, 2018 4:00 PM EST

Loop Capital raised its price target on Best Buy (NYSE: BBY) to $83.00 (from $80.00) while maintaining a Buy rating, following the company's fourth quarter earnings report.

Analyst Anthony Chukumba notes a positive outlook on the shares, as BBY reported first quarter earnings per share... More