Goldman Sachs Maintains Buy on Best Buy Co, Raises Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Kate McShane maintains a Buy rating on Best Buy Co (NYSE:BBY) and raises the price target from $81 to $90.
March 01, 2024 | 2:28 pm
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POSITIVE IMPACT
Goldman Sachs maintains a Buy rating on Best Buy Co and raises the price target from $81 to $90.
The upgrade in price target by a reputable analyst like Goldman Sachs typically signals a strong confidence in the company's future performance. This can lead to increased investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100