UBS Maintains Buy on Best Buy Co, Raises Price Target to $123
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Michael Lasser has maintained a Buy rating on Best Buy Co (NYSE:BBY) and raised the price target from $106 to $123.
August 30, 2024 | 2:45 pm
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UBS analyst Michael Lasser has maintained a Buy rating on Best Buy Co and increased the price target from $106 to $123, indicating confidence in the company's future performance.
The increase in the price target from $106 to $123 by UBS suggests a positive outlook on Best Buy's future performance. Maintaining a Buy rating indicates continued confidence in the stock, likely leading to a positive short-term impact on BBY's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100