Barclays Maintains Equal-Weight on Best Buy Co, Raises Price Target to $81
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Seth Sigman has maintained an Equal-Weight rating on Best Buy Co (NYSE:BBY) and increased the price target from $69 to $81.
March 01, 2024 | 2:30 pm
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Barclays has maintained an Equal-Weight rating on Best Buy Co and raised the price target from $69 to $81.
The increase in price target by Barclays reflects a positive outlook on Best Buy Co's stock, suggesting potential upside. This could lead to increased investor confidence and a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100