Best Buy Reports Better-Than-Expected Second Quarter Results
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Best Buy (BBY) PT Raised to $157 at BofA Securities
August 25, 2021 8:09 AM EDTBofA Securities analyst Curtis Nagle raised the price target on Best Buy (NYSE: BBY) to $157.00 (from $145.00) while maintaining a Buy rating.
... MoreBest Buy (BBY) PT Raised to $145 at Jefferies
August 25, 2021 7:21 AM EDTJefferies analyst Randal Konik raised the price target on Best Buy (NYSE: BBY) to $145.00 (from $136.00) while maintaining a Buy rating following earnings.
The analyst commented, "Implied 2H guidance exiting 1Q looked conservative to us, and recent momentum has management warming up to a... More
Best Buy (BBY) PT Raised to $140 at Guggenheim
August 25, 2021 6:22 AM EDTGuggenheim analyst Steven Forbes raised the price target on Best Buy (NYSE: BBY) to $140.00 (from $135.00) while maintaining a Buy rating following reuslts.
The analyst commented, "Not only was product availability essentially a non-issue to growth during the 2Q but management meaningfully... More
Best Buy (BBY) PT Raised to $146 at Piper Sandler
August 24, 2021 1:40 PM EDTPiper Sandler analyst Peter Keith raised the price target on Best Buy (NYSE: BBY) to $146.00 (from $144.00) while maintaining an Overweight rating following earnings.
... MoreBest Buy (BBY) Tops Q2 EPS by $1.13, Updates Guidance
August 24, 2021 7:03 AM EDTBest Buy (NYSE: BBY) reported Q2 EPS of $2.98, $1.13 better than the analyst estimate of $1.85. Revenue for the quarter came in at $11.85 million versus the consensus estimate of $11.49 million.
GUIDANCE:
Best Buy sees Q3 2021 revenue of $11.4-11.6 billion, versus the consensus of $10.55... More
