Telsey Advisory Group Maintains Outperform on Best Buy Co, Raises Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group has maintained an 'Outperform' rating on Best Buy Co (NYSE:BBY) and raised the price target from $95 to $115, indicating confidence in the company's future performance.
August 30, 2024 | 6:47 pm
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Telsey Advisory Group has increased its price target for Best Buy Co from $95 to $115 while maintaining an 'Outperform' rating, suggesting a positive outlook for the company's stock.
The increase in price target from $95 to $115 by Telsey Advisory Group, along with the maintained 'Outperform' rating, indicates a strong positive sentiment towards Best Buy's future performance. This is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100