Information Provided By: 
Fly News Breaks for May 25, 2016
BBY
May 25, 2016 | 05:56 EDT
Deutsche Bank analyst Mike Baker downgraded Best Buy to Hold saying the management team transition will make it difficult for the multiple to expand. Further, the retailer's outlook is dependent on industry sales improvements in the second half of year which may not materialize, Baker tells investors in a research note after Best Buy reported Q1 results. He lowered his price target for the shares to $32 from $38.
News For BBY From the Last 2 Days
There are no results for your query BBY
