Best Buy (BBY) Smashes Q1 Earnings and Raises Guidance to Send Shares Higher
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Best Buy (BBY) PT Lowered to $127 at UBS
May 28, 2021 6:51 AM EDTUBS analyst Michael Lasser lowered the price target on Best Buy (NYSE: BBY) to $127.00 (from $130.00) while maintaining a Neutral rating on concerns about peak TV.
The analyst commented, "Continued interest in the category coupled with gov't stimulus & BBY's unique omni-channel positioning drove a strong 1Q at BBY. Notably, several retailers across many... More
