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Fly News Breaks for January 11, 2019
BBY
Jan 11, 2019 | 07:10 EDT
Deutsche Bank analyst Mike Baker lowered his price target for Best Buy to $62 and keeps a Hold rating on the shares. After attending the Consumer Electronics Show, the sees a "solid" growth outlook for the company, "albeit perhaps a bit slower than 2018." Tougher compares and negative supplier commentary, offset by a healthy consumer, leave a a mixed view on Best Buy, says the analyst.
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