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Fly News Breaks for May 25, 2016
BBY
May 25, 2016 | 09:10 EDT
BB&T cut its price target on Best Buy to reflect what it sees as increased risk to the company after it announced the departure of its CFO. However, the firm says that the CFO was a strong developer of talent, while the company reported impressive Q1 results. BB&t reiterates a Buy rating on the shares.
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