Best Buy stock soars 17% on strong beat-and-raise Q2 print
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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
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
