UBS Upgrades Best Buy Co to Buy, Raises Price Target to $106
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Michael Lasser has upgraded Best Buy Co (NYSE:BBY) from Neutral to Buy and raised the price target from $85 to $106.
June 17, 2024 | 11:45 am
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UBS analyst Michael Lasser has upgraded Best Buy Co (NYSE:BBY) from Neutral to Buy and raised the price target from $85 to $106.
The upgrade from Neutral to Buy and the significant increase in the price target from $85 to $106 by a reputable analyst at UBS is likely to positively impact investor sentiment and drive the stock price up in the short term.
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