Wedbush Maintains Neutral on Best Buy Co, Raises Price Target to $82
Portfolio Pulse from richadhand@benzinga.com
Wedbush analyst Seth Basham maintains a Neutral rating on Best Buy Co (NYSE:BBY) and raises the price target from $72 to $82.
August 30, 2023 | 12:52 pm
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NEUTRAL IMPACT
Wedbush maintains a Neutral rating on Best Buy and raises the price target from $72 to $82.
The news directly pertains to Best Buy (BBY). The raised price target indicates a positive outlook, but the neutral rating suggests that the stock is fairly valued at the moment. This could lead to a neutral impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100