Citigroup Maintains Best Buy (BBY) Sell Recommendation

May 11, 2023 · Fintel reports that on May 18, 2023, Citigroup maintained coverage of Best Buy with a Sell recommendation. Analyst Price Forecast Suggests 14.62% Upside As of May 11, …

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Citigroup Maintains Best Buy (BBY) Sell Recommendation

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May 11, 2023 · Fintel reports that on May 18, 2023, Citigroup maintained coverage of Best Buy with a Sell recommendation. Analyst Price Forecast Suggests 14.62% Upside As of May 11, …

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Best Buy (NYSE:BBY) Price Target Lowered To $101.00 At Citigroup

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14 hours ago · Best Buy has a 52-week low of $68.67 and a 52-week high of $103.71. The company has a quick ratio of 0.34, a current ratio of 1.01 and a debt-to-equity ratio of 0.37. …

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Best Buy Price Target Lowered To $101 From $109 At Citi

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1 day ago · Citi analyst Steven Zaccone lowered the firm’s price target on Best Buy (BBY) to $101 from $109 and keeps a Buy rating on the shares. The company reported slightly softer than …

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Where Best Buy Co Stands With Analysts - Best Buy Co (NYSE:BBY ...

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1 day ago · With $43.5 billion in consolidated 2023 sales, Best Buy is the largest pure-play consumer electronics retailer in the US, boasting roughly 8.3% share of the North American …

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Best Buy Gets Double-upgrade At Citi On Expectations Of Sales …

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Jun 3, 2024 · Best Buy's stock (BBY) rose 2.5% in premarket trading Monday. In its fiscal first quarter ending May 4, comparable-store sales fell 6.1%, as the company said annual sales …

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The Analyst Verdict: Best Buy Co In The Eyes Of 17 Experts

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Nov 8, 2024 · In the assessment of 12-month price targets, analysts unveil insights for Best Buy Co, presenting an average target of $105.35, a high estimate of $123.00, and a low estimate …

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Best Buy Gets Double Upgrade To Buy From Sell From Citi - Yahoo …

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Jun 3, 2024 · Best Buy (BBY) has earned a double upgrade to Buy from Sell from Citigroup, raising its price target from $67 to $100. The analyst behind the call points to the retailer's …

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Best Buy: Q3 Disappointment As Macro Headwinds Overcome …

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12 hours ago · Best Buy (NYSE:BBY) reported its Q3 results Tuesday morning.Its revenue of $9.45B was slightly below the consensus estimate of $9.63B, while its adjusted EPS was …

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Citigroup Inc. Purchases 12,694 Shares Of Best Buy Co., Inc.

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2 days ago · Citigroup Inc. lifted its holdings in Best Buy Co., Inc. (NYSE:BBY - Free Report) by 4.1% during the third quarter, according to its most recent 13F filing with the Securities & …

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Citigroup Maintains Buy On Best Buy Co, Lowers Price Target To $101

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1 day ago · Citigroup analyst Steven Zaccone maintains Best Buy Co (NYSE:BBY) with a Buy and lowers the price target from $109 to $101.

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Best Buy Co., Inc. (NYSE:BBY) Announces Quarterly Dividend Of $0.94

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8 hours ago · Best Buy Co., Inc. (NYSE:BBY) declared a quarterly dividend on Wednesday, November 27th. Stockholders of record on Tuesday, December 17th will be paid a dividend of …

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FAQs about Citigroup Maintains Best Buy (BBY) Sell Recommendation Coupon?

Did Citi upgrade Best Buy to buy from sell?

Best Buy was upgraded to buy from sell at Citi. Analysts at Citi gave electronics retailer Best Buy Co. Inc. a rare double-upgrade on Monday, boosting their assessment in anticipation that same-store sales will start rising. ...

Will Best Buy (BBY) raise its price target if same-store sales are a risk?

They say we'll see. Best Buy (BBY) has earned a double upgrade to Buy from Sell from Citigroup, raising its price target from $67 to $100. The analyst behind the call points to the retailer's gross margin execution, which he considers a catalyst even if same-store sales are a risk. ...

How much of Best Buy's business is in premarket trading?

That’s as much as 25% of Best Buy’s business, the Citi analysts say. Best Buy’s stock BBY, +2.50% rose 2.5% in premarket trading Monday. In its fiscal first quarter ending May 4, comparable-store sales fell 6.1%, as the company said annual sales growth would range from a drop of 3% to no change. ...

What do analysts do about Best Buy Co?

Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Best Buy Co. This information provides a snapshot of how analysts perceive the current state of the company. ...

What's going on at Best Buy?

Best Buy's managers pointed to a challenging macroeconomic environment and election distractions as key negative factors facing the firm. The company is also looking to more sales events and discounts to move inventory, while focusing more on memberships as a potential means to improve margins. ...

Should I Hold my short position in Best Buy (BBY)?

I plan to hold my short position in BBY until its valuation fairly discounts its chronic competitive pressures, or the company proves its ability to operate more profitable smaller stores. Best Buy (NYSE: BBY) reported its Q3 results Tuesday morning. ...