UBS Maintains Neutral on Best Buy Co, Lowers Price Target to $76
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Michael Lasser has maintained a Neutral rating on Best Buy Co (NYSE:BBY) and reduced the price target from $85 to $76.
November 13, 2023 | 3:05 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
UBS has maintained a Neutral rating on Best Buy Co and lowered the price target from $85 to $76, indicating a potential downside compared to the previous target.
The reduction in price target by UBS suggests that they see less upside potential for Best Buy Co's stock, which could lead to a negative short term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100