UBS Maintains Neutral on Best Buy Co, Lowers Price Target to $85
Portfolio Pulse from richadhand@benzinga.com
UBS analyst Michael Lasser maintains a Neutral rating on Best Buy Co (NYSE:BBY) and lowers the price target from $87 to $85.
August 30, 2023 | 2:17 pm
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UBS has maintained a Neutral rating on Best Buy Co and lowered the price target from $87 to $85.
The news directly pertains to Best Buy Co as UBS has maintained a Neutral rating on the company and lowered the price target. This could potentially impact investor sentiment and the stock's price in the short term, although the Neutral rating suggests that the overall outlook for the stock remains unchanged.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100