Loop Capital Maintains Buy on Best Buy Co, Raises Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Loop Capital has maintained its Buy rating on Best Buy Co (NYSE:BBY) and raised the price target from $93 to $100.
June 07, 2024 | 6:07 pm
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POSITIVE IMPACT
Loop Capital has maintained its Buy rating on Best Buy Co (NYSE:BBY) and raised the price target from $93 to $100.
The raised price target and maintained Buy rating from Loop Capital is a positive signal for investors, indicating confidence in Best Buy's future performance. This is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100