Best Buy (BBY) PT Raised to $135 at Barclays

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Best Buy (BBY) PT Lowered to $127 at UBS

May 28, 2021 6:51 AM EDT

UBS 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