Piper Sandler Reiterates Overweight on Best Buy Co, Raises Price Target to $114
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Peter Keith has reiterated an Overweight rating on Best Buy Co (NYSE:BBY) and increased the price target from $100 to $114.
August 30, 2024 | 2:24 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Piper Sandler has reiterated an Overweight rating on Best Buy and increased the price target to $114, indicating confidence in the company's performance.
The reiteration of an Overweight rating and an increased price target from a reputable analyst can positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100