Guggenheim Reiterates Buy on Best Buy Co, Maintains $86 Price Target
Portfolio Pulse from richadhand@benzinga.com
Guggenheim analyst Steven Forbes has reiterated a 'Buy' rating on Best Buy Co (NYSE:BBY) and maintained a price target of $86.
August 30, 2023 | 1:44 pm
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Guggenheim analyst Steven Forbes has reiterated a 'Buy' rating on Best Buy Co and maintained a price target of $86.
The reiterated 'Buy' rating and maintained price target by Guggenheim indicates a positive outlook for Best Buy Co. This could potentially lead to an increase in investor confidence and a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100