Goldman Sachs Upgrades Best Buy Co to Buy, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Kate McShane has upgraded Best Buy Co (NYSE:BBY) from Neutral to Buy and raised the price target from $79 to $85.
October 19, 2023 | 10:15 am
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Best Buy Co has been upgraded from Neutral to Buy by Goldman Sachs, with a raised price target from $79 to $85.
The upgrade from Neutral to Buy by Goldman Sachs indicates a positive outlook for Best Buy Co. The raised price target from $79 to $85 suggests that the analyst expects the stock to perform well in the short term. This could lead to an increase in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100