Bearish Options Positioning in Best Buy (BBY) Targets 6% Downside in Shares Through Jan 2019 Following 3Q Report -Susquehanna

Best Buy (BBY) Declares $0.45 Quarterly Dividend; 2.8% Yield

Best Buy (NYSE: BBY) declared a quarterly dividend of $0.45 per share, or $1.8 annualized.

The dividend will be payable on December 31, 2018, to stockholders of record on December 11, 2018, with an ex-dividend date of December 10, 2018.

The annual yield on the dividend is 2.8... More

Best Buy (BBY) PT Lowered to $69 at RBC Capital

RBC Capital analyst Scot Ciccarelli lowered the price target on Best Buy (NYSE: BBY) to $69.00 (from $72.00) while maintaining a Sector Perform rating.

Despite solid results, comps trends seem poised to slow and when coupled with recent competitive announcements (AMZN/AAPL relationship) and... More

UPDATE: Best Buy (BBY) PT Lowered to $85 at Raymond James

(Updated - November 21, 2018 8:49 AM EST)

(updated to correct PT action and current PT)

Raymond James analyst Dan Wewer lowered the price target on Best Buy (NYSE: BBY) to $85.00 (from $90.00) while maintaining a Strong Buy rating.

Best Buy (BBY) Tops Q3 EPS by 8c, Revenues Beat, Comp. Sales Up 4.3%; Boosts FY19 EPS Guidance, Offers FY19 Revenue Outlook

Best Buy (NYSE: BBY) reported Q3 EPS of $0.93, $0.08 better than the analyst estimate of $0.85. Revenue for the quarter came in at $9.59 billion versus the consensus estimate of $9.57 billion.

Our team just delivered another strong quarter with 4.3% comparable sales growth and better-than-expected earnings growth, said Hubert Joly, Best Buy chairman and CEO. Similar to the first half of the year, our topline performance was helped by a favorable environment and driven by how customers are responding to the unique and elevated experience we are building. We have... More

Best Buy (BBY) November weekly 62.50 straddle priced for a move of 10% into EPS and outlook

Best Buy (NYSE: BBY) November weekly 62.50 straddle priced for a move of 10% into EPS and outlook