Truist Securities Maintains Hold on Best Buy Co, Raises Price Target to $87
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Scot Ciccarelli has maintained a Hold rating on Best Buy Co (NYSE:BBY) and increased the price target from $68 to $87.
March 01, 2024 | 1:27 pm
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Truist Securities has maintained a Hold rating on Best Buy Co but raised the price target from $68 to $87.
The increase in the price target from $68 to $87 by Truist Securities suggests a positive outlook on Best Buy's future performance, potentially leading to increased investor confidence and a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100