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Fly News Breaks for May 5, 2015
BBY
May 5, 2015 | 07:40 EDT
Barclays continues to view Best Buy positively supported by industry and company specific fundamentals. The firm said the industry is improving with the potential for 4K to reaccelerate the TV cycle and Best Buy's increased focus on ROIC and recently announced $1B buyback program are positives. Shares are Overweight with a $48 price program.
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