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Fly News Breaks for November 20, 2015
BBY
Nov 20, 2015 | 08:10 EDT
After Best Buy reported higher than expected Q3 EPS but its Q4 guidance came in below expectations, SunTrust calls the company's valuation "opportunistic," as the firm expects the consumer electronics category to continue to grow in coming years. The firm cut its price target on the name to $40 from $46 but keeps a Buy rating.
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