Telsey Advisory Group Reiterates Market Perform on Best Buy Co, Maintains $75 Price Target
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Joseph Feldman has reiterated a 'Market Perform' rating on Best Buy Co (NYSE:BBY) and maintained a $75 price target.

February 26, 2024 | 10:09 am
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NEUTRAL IMPACT
Best Buy Co maintains a 'Market Perform' rating and a $75 price target from Telsey Advisory Group.
The reiteration of the 'Market Perform' rating and maintenance of the $75 price target by Telsey Advisory Group suggests a neutral outlook on Best Buy's stock in the short term. This indicates that the analyst believes the stock is fairly valued at its current price, suggesting no significant price movement expected in the near future.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90