Telsey Advisory Group Reiterates Market Perform on Best Buy Co, Maintains $81 Price Target
Portfolio Pulse from richadhand@benzinga.com
Telsey Advisory Group analyst Joseph Feldman has reiterated a Market Perform rating on Best Buy Co (NYSE:BBY) and maintained an $81 price target.

May 19, 2023 | 9:11 am
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NEUTRAL IMPACT
Best Buy Co's Market Perform rating has been reiterated by Telsey Advisory Group analyst Joseph Feldman, with an $81 price target maintained.
The news of Telsey Advisory Group reiterating a Market Perform rating and maintaining an $81 price target on Best Buy Co is neutral for the stock. It indicates that the analyst believes the stock will perform in line with the market, neither outperforming nor underperforming. This rating is unlikely to have a significant short-term impact on the stock price, as it does not suggest any major changes in the company's outlook or performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100