Best Buy lifts annual profit forecast as cost controls pay off
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Best Buy (BBY) PT Raised to $116 at Jefferies
August 29, 2024 2:31 PM EDTJefferies analyst Jonathan Matuszewski raised the price target on Best Buy (NYSE: BBY) to $116.00 (from $94.00) while maintaining a Buy rating.
The analyst comments "Varying levels of slack in household balance sheets have always guided CE demand, but we're in a unique... More
