Telsey Advisory Group Maintains Outperform on Best Buy Co, Maintains $95 Price Target
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group has maintained its 'Outperform' rating on Best Buy Co (NYSE:BBY) with a price target of $95, as stated by analyst Joseph Feldman.
May 23, 2024 | 11:12 am
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Telsey Advisory Group has reaffirmed its 'Outperform' rating for Best Buy Co (NYSE:BBY) with a price target of $95. This suggests confidence in the company's performance and potential for stock price appreciation.
The reaffirmation of the 'Outperform' rating and the $95 price target by Telsey Advisory Group indicates a positive outlook on Best Buy's future performance. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100