Best Buy Announces Regular Quarterly Cash Dividend
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Best Buy (BBY) PT Lowered to $105 at Guggenheim
November 29, 2024 8:03 AM ESTGuggenheim analyst Steven Forbes lowered the price target on Best Buy (NYSE: BBY) to $105.00 (from $110.00) while maintaining a Buy rating.
The analyst comments "BBY's 3Q 2024 operating results (Exhibit 1) were mixed, in our view. On the one hand, enterprise comps moderated ~450 basis points during the last two months of the quarterto negative 4.5% from flattish in... More
