14 Analysts Have This To Say About Best Buy Co
Portfolio Pulse from Benzinga Insights
Best Buy Co (NYSE:BBY) has been analyzed by 14 analysts over the past three months, revealing a range of perspectives from bullish to bearish. The average 12-month price target is $85.21, with a high of $101.00 and a low of $67.00. Recent analyst actions include both raises and lowers in ratings and price targets. Best Buy's financial performance shows strong ROE and ROA but faces challenges in revenue growth and net margin.
May 23, 2024 | 12:01 pm
News sentiment analysis
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Best Buy Co (NYSE:BBY) has received mixed analyst ratings over the past three months, with an average price target of $85.21. Recent actions include both raises and lowers in ratings and price targets. Financial performance shows strong ROE and ROA but challenges in revenue growth and net margin.
The mixed analyst ratings and diverse price targets indicate uncertainty in the short-term price direction for BBY. While the financial metrics like ROE and ROA are strong, challenges in revenue growth and net margin could offset positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100