Information Provided By:
Fly News Breaks for August 24, 2016
BBY
Aug 24, 2016 | 07:48 EDT
RBC Capital analyst Scot Ciccarelli says that Best buy continued to gain share in Q2, while its e-commerce results were "strong." However, the analyst notes that 70% of the company's profits are generated in the second half of the year, and he expects the company's revenue growth to "remain challenging." The analyst raised his price target on the name to $42 from $36 but keeps a Sector Perform rating on the shares.
News For BBY From the Last 2 Days
There are no results for your query BBY