Best Buy (BBY) spreader active in August 30 weekly 98 calls, September 6 weekly 90 calls and September 6 weekly 80 puts

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BofA Securities Reiterates Underperform Rating on Best Buy (BBY)

August 27, 2024 5:35 AM EDT

BofA Securities analyst Elizabeth Suzuki reiterated an Underperform rating and $70.00 price target on Best Buy (NYSE: BBY).

The analyst comments "Best Buy (BBY) will report F2Q25 earnings on Thursday, 8/29. Our model assumes a sequential improvement in enterprise (comp) sales to (3%)... More