DA Davidson Maintains Buy on Best Buy Co, Raises Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Michael Baker maintains a 'Buy' rating on Best Buy Co (NYSE:BBY) and raises the price target from $87 to $90.
August 30, 2023 | 7:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
DA Davidson maintains a 'Buy' rating on Best Buy and raises the price target from $87 to $90, which could positively impact the stock in the short term.
The raised price target by DA Davidson indicates a positive outlook for Best Buy's stock. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100