Best Buy (BBY) Sees Q3 EPS "Significantly Below" Prior year; Announces U.S. Leadership Changes

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Best Buy (BBY) Stock Could Languish as Rumored Schulze Deal Gets Stale

October 25, 2012 1:48 PM EDT

Jefferies maintained a Hold rating and cut its price target on Best Buy (NYSE: BBY) to $18.00 (from $20.00).

Commenting on a rumor that Richard Schulze and a number of private equity firms will take Best Buy private, analyst Daniel Binder said "While the... More