Best Buy signals more pain for electronics retailers with muted profit forecast
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Evercore ISI Recaps Best Buy (BBY) Q4 2022 Earnings
March 2, 2023 8:12 AM ESTEvercore ISI analyst Greg Melich reiterated an In Line rating and $85.00 price target on Best Buy (NYSE: BBY).
The analyst comments "Best Buy did not guide to 1Q but said most pressure from topline should be in 1Q. They did provide a FY24 full year outlook: Comps for FY24 are guided down -6 to -3% at the midpoint, with... More
