Best Buy stock soars 17% on strong beat-and-raise Q2 print
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
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
Best Buy (BBY) Tops Q2 EPS by 18c; updates guidance
August 29, 2024 7:01 AM EDTBest Buy (NYSE: BBY) reported Q2 EPS of $1.34, $0.18 better than the analyst estimate of $1.16. Revenue for the quarter came in at $9.29 billion versus the consensus estimate of $9.24 billion.
GUIDANCE:
Best Buy raises FY2025 EPS to $6.10-$6.35, versus the consensus... More
