Best Buy (BBY) Bidder Said to Meet with Banks Next Week
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UBS Comments on Best Buy (BBY)
November 21, 2012 2:16 PM ESTUBS maintained a Neutral rating on Best Buy (NYSE: BBY) and cut its price target to $12.50 (from $14.50).
Commenting on Best Buy's recent quarterly report, analysts said "With each passing quarter, it seems like BBY's array of challenges are becoming more intense."
... More
Dwindling Cash Flow at Best Buy (BBY) Has Some Analysts Questioning Takeover Interest
November 21, 2012 11:27 AM ESTBest Buy (NYSE: BBY) is seeing further pressure Wednesday following third-quarter results issued Tuesday morning. One interesting item is creeping up amid the retailer sinking to fresh decade lows: will founder Schulze still bite?
Analysts are mixed. Wedbush thinks the declining free cash flow (FCF) would make it less attractive to private equity firms while Raymond James comments that, other than pure valuation, it isn't sure... More
