JP Morgan Maintains Overweight on Best Buy Co, Raises Price Target to $111
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Christopher Horvers maintains an Overweight rating on Best Buy Co (NYSE:BBY) and raises the price target from $101 to $111.
August 30, 2024 | 5:26 pm
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JP Morgan's analyst Christopher Horvers has maintained an Overweight rating on Best Buy Co and increased the price target from $101 to $111, indicating a positive outlook on the stock.
The increase in price target from $101 to $111 by a reputable analyst at JP Morgan suggests a positive outlook for Best Buy's stock, likely leading to a short-term price increase as investors react to the new target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100