Goldman Sachs Maintains Neutral on Best Buy Co, Raises Price Target to $79
Portfolio Pulse from richadhand@benzinga.com
Goldman Sachs analyst Kate McShane maintains a Neutral rating on Best Buy Co (NYSE:BBY) and raises the price target from $77 to $79.
August 30, 2023 | 3:55 pm
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NEUTRAL IMPACT
Goldman Sachs maintains a Neutral rating on Best Buy and raises the price target from $77 to $79.
The news of Goldman Sachs maintaining a Neutral rating on Best Buy and raising the price target could have a neutral impact on the stock. While the raised price target indicates a positive outlook, the Neutral rating suggests that the stock is fairly valued at its current price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100