Best Buy (BBY) Raises Quarterly Dividend 27.3% to $0.70; 2.5% Yield

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Raymond James Downgrades Best Buy (BBY) to Outperform

February 26, 2021 7:35 AM EST

Raymond James analyst Matthew McClintock downgraded Best Buy (NYSE: BBY) from Strong Buy to Outperform with a price target of $120.00 (from $150.00).

The analyst comments "We are downgrading BBY to an Outperform rating from Strong Buy and lowering our price target to $120 from $150 following Best Buy's F4Q21... More