DA Davidson Maintains Buy on Best Buy Co, Maintains $117 Price Target
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Michael Baker has reiterated a Buy rating for Best Buy Co (NYSE:BBY) and maintained a price target of $117.
October 15, 2024 | 3:14 pm
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DA Davidson analyst Michael Baker has reiterated a Buy rating for Best Buy Co (NYSE:BBY) and maintained a price target of $117.
The reaffirmation of a Buy rating and a specific price target of $117 by DA Davidson is a positive signal for investors, suggesting confidence in Best Buy's future performance. This could lead to a short-term positive impact on the stock price as investors may view this as a strong endorsement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100