Best Buy says pricey smartphone sales holding strong ahead of next iPhone launch
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Best Buy (BBY) PT Raised to $75 at Jefferies
August 31, 2022 8:40 AM EDTJefferies analyst Jonathan Matuszewski raised the price target on Best Buy (NYSE: BBY) to $75.00 (from $71.00) while maintaining a Hold rating following earnings.
The analyst commented, "With 2Q results & 2H guidance pre-announced in July, commentary on the US consumer & CE category is our focal point today.... More
