Best Buy (BBY) Tops Q1 EPS by 20c, Sales Beat
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Best Buy (BBY) PT Raised to $60 at Deutsche Bank
May 26, 2017 9:33 AM EDTDeutsche Bank raised its price target on Best Buy (NYSE: BBY) to $60.00 (from $46.00) while maintaining a Hold rating.
Analyst Mike Baker believes that there are enough drivers in place to sustain positive comps this year even as TVs run out of... More
Best Buy (BBY) PT Raised to $62 at UBS Following 1Q
May 26, 2017 8:55 AM EDTUBS raised its price target on Best Buy (NYSE: BBY) to $62.00 (from $51.00) while maintaining a Neutral rating. The company's 1Q domestic comp of 1.4% outpaced the industry by more than 400 bps. This represents the 3rd quarter out of the last 4 where it's accomplished this... More
Best Buy (BBY) PT Raised to $60 at Jefferies; Remains Sidelined
May 26, 2017 7:53 AM EDTJefferies raised its price target on Best Buy (NYSE: BBY) to $60.00 (from $51.00) while maintaining a Hold rating following the company's 1Q earnings report. With ASPs still dropping sharply y-y, BBY saw TVs comp down in Q1, but the overall comps were still up 1.4% and... More
UPDATE: BofA/Merrill Lynch Maintains Best Buy (BBY) at Buy
May 25, 2017 4:52 PM EDT(Updated - May 25, 2017 4:53 PM EDT)
(updated to correct action, stock was maintained not upgraded)
BofA/Merrill Lynch maintains Best Buy (NYSE: BBY) with a Buy, raises price target to $68.00 (from $58.00).
The analyst comments that BBY results "beat our lofty expectations" and... More
Best Buy (BBY) PT Raised to $60 at Credit Suisse
May 25, 2017 1:43 PM EDTCredit Suisse raised its price target on Best Buy (NYSE: BBY) to $60.00 (from $47.00) while maintaining a Neutral rating following solid Q1 results.
Analyst Seth Sigman notes the sales outlook for Q2 was better. He adds that while 2nd-half visibility is still limited... More
Best Buy (BBY) PT Raised to $64 at Loop Capital; Investments Bearing Fruit
May 25, 2017 12:09 PM EDTLoop Capital analyst Anthony Chukumba raised its price target on Best Buy (NYSE: BBY) to $64.00 (from $58.00) while maintaining a Buy rating following strong Q1 results.
Chukumba said the investments the company has made over the past several years have continued to bear... More
