Melius Research lowered the firm’s price target on Best Buy (BBY) to $85 from $100 and keeps a Hold rating on the shares.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on BBY:
- Best Buy Q3 Earnings Preview: Here’s What to Expect
- BBY Earnings this Week: How Will it Perform?
- Best Buy price target raised to $117 from $111 at JPMorgan
- Best Buy price target lowered to $109 from $115 at Citi
- Trump’s Victory Sparks Market Surge: The Winners and Losers of the “Trump Trade”
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
