Telsey Advisory Group Reiterates Market Perform on Best Buy Co, Maintains $78 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 a price target of $78.

August 21, 2023 | 9:15 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Best Buy Co's stock rating has been reiterated as 'Market Perform' by Telsey Advisory Group, with a maintained price target of $78.
The reiteration of the 'Market Perform' rating and the maintenance of the $78 price target by Telsey Advisory Group indicates that the analyst sees the stock performing in line with the market. This is neither particularly positive nor negative news for the stock, hence the neutral score. However, the news is highly relevant as it directly pertains to Best Buy Co and is of moderate importance to investors as it provides insight into the stock's expected performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100