Truist Securities Maintains Hold on Best Buy Co, Lowers Price Target to $86
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on Best Buy Co (NYSE:BBY) but lowered the price target from $87 to $86.

May 31, 2024 | 2:13 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Truist Securities has maintained a Hold rating on Best Buy Co (NYSE:BBY) but lowered the price target from $87 to $86.
The lowered price target from $87 to $86 suggests a slightly more pessimistic outlook on Best Buy's stock performance, which could lead to a minor negative impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100