Best Buy Reports Better-Than-Expected Third Quarter Results

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Best Buy (BBY) PT Raised to $90 at Guggenheim

November 27, 2019 7:14 AM EST

Guggenheim analyst Steven Forbes raised the price target on Best Buy (NYSE: BBY) to $90.00 (from $80.00) while maintaining a Buy rating.

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Best Buy (BBY) PT Raised to $76 at Wedbush

November 26, 2019 1:24 PM EST

Wedbush analyst Michael Pachter raised the price target on Best Buy (NYSE: BBY) to $76.00 (from $63.00) while maintaining a Neutral rating following results.

Updated Outlook Encouraging - Pressure from Tariffs Minimized... More

Best Buy (BBY) PT Raised to $91 at Jefferies

November 26, 2019 11:54 AM EST

Jefferies analyst Randal Konik raised the price target on Best Buy (NYSE: BBY) to $91.00 (from $80.00) while maintaining a Buy rating following Q3 results.

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Best Buy (BBY) Tops Q3 EPS by 10c, Raises FY Guidance

November 26, 2019 7:02 AM EST

(Updated - November 26, 2019 7:03 AM EST)

Best Buy (NYSE: BBY) reported Q3 EPS of $1.13, $0.10 better than the analyst estimate of $1.03. Revenue for the quarter came in at $9.76 billion versus the consensus estimate of $9.7 billion.

Enterprise Comparable Sales Increased 1.7%

Our teams delivered another strong quarter of top- and bottom-line growth, said Corie Barry, Best Buy CEO. We are delivering on our purpose to enrich lives through technology by providing customers the products and solutions they want and need, combined with fast and convenient fulfillment. We are excited about our progress and... More