Citigroup Maintains Sell on Best Buy Co, Lowers Price Target to $67
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Steven Zaccone maintains a Sell rating on Best Buy Co (NYSE:BBY) and lowers the price target from $76 to $67.
May 07, 2024 | 5:54 pm
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Citigroup maintains a Sell rating on Best Buy and reduces the price target from $76 to $67.
The reduction in price target by Citigroup, accompanied by a maintained Sell rating, suggests a negative outlook on Best Buy's stock in the short term. This could lead to decreased investor confidence and potentially lower stock prices.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100