Analyst Ratings for Best Buy Co
Portfolio Pulse from Benzinga Insights
Best Buy Co (NYSE:BBY) has received 14 analyst ratings in the last quarter, with an average 12-month price target of $80.21, a high of $90.00, and a low of $65.00. The majority of ratings were indifferent (11), with 3 bullish and no bearish ratings. The average price target has slightly increased by 0.36% over the past month. Analysts typically review stocks quarterly or after major company updates, considering financial performance and company risks.

November 13, 2023 | 7:00 pm
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NEUTRAL IMPACT
Best Buy Co has a stable outlook from analysts with the majority being indifferent and a slight increase in the average price target over the past month.
The predominance of indifferent ratings suggests a neutral short-term impact on BBY's stock price. The slight increase in the average price target may not be significant enough to drive a strong positive reaction in the stock price, hence the neutral score. The relevance is high as the article is specifically about Best Buy's analyst ratings. The importance is moderate because while analyst ratings can influence investor sentiment, the lack of strong bullish or bearish consensus means the impact may be limited. The confidence level is high due to the clear data provided on analyst ratings and price targets.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100