B of A Securities Maintains Underperform on Best Buy Co, Raises Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Elizabeth Suzuki maintains an Underperform rating on Best Buy Co (NYSE:BBY) but raises the price target from $70 to $80.
August 30, 2024 | 11:29 am
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NEUTRAL IMPACT
B of A Securities maintains an Underperform rating on Best Buy but raises the price target from $70 to $80, indicating a slightly more optimistic outlook.
The Underperform rating suggests a negative outlook, but the raised price target indicates some positive expectations. This mixed signal may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100