JP Morgan Maintains Neutral on Best Buy Co, Raises Price Target to $89
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Christopher Horvers has maintained a Neutral rating on Best Buy Co (NYSE:BBY) and raised the price target from $78 to $89.
March 01, 2024 | 3:23 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
JP Morgan analyst Christopher Horvers maintains a Neutral rating on Best Buy Co and raises the price target from $78 to $89.
The increase in the price target by JP Morgan suggests a positive outlook on Best Buy's stock value in the short term, despite maintaining a Neutral rating. This adjustment could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100