Credit Suisse Maintains Neutral on Best Buy Co, Lowers Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Credit Suisse analyst Karen Short maintains a Neutral rating on Best Buy Co (NYSE:BBY) and lowers the price target from $85 to $75.
May 26, 2023 | 9:15 am
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NEUTRAL IMPACT
Credit Suisse maintains a Neutral rating on Best Buy Co and lowers the price target from $85 to $75.
The news directly mentions Best Buy Co (NYSE:BBY) and the lowered price target by Credit Suisse. This may cause some investors to reconsider their positions, but the Neutral rating suggests that the stock is not expected to significantly outperform or underperform the market in the short term. The impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100