Barclays Maintains Equal-Weight on Best Buy Co, Raises Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Seth Sigman maintains an Equal-Weight rating on Best Buy Co (NYSE:BBY) and raises the price target from $81 to $95.
August 30, 2024 | 3:05 pm
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Barclays analyst Seth Sigman has maintained an Equal-Weight rating on Best Buy Co and increased the price target from $81 to $95, indicating a positive outlook.
The increase in the price target from $81 to $95 by Barclays suggests a positive outlook for Best Buy's stock, which could lead to a short-term price increase. The maintained Equal-Weight rating indicates a balanced view, but the higher price target is a positive signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100