Loop Capital analyst Anthony Chukumba kept his Buy rating and $90 price target on Best Buy ahead of its biennial Investor Update next Wednesday, saying the event will be a "coming out party" for the company's recently appointed CEO Corie Barry and CFO Matt Blunas. The analyst expects Best Buy to outline the steps intended to grow its services business, profile its Rent-To-Own financing initiative, and lay out specific FY22 financial targets. Chukumba adds that the presentation may serve as a positive catalyst for Best Buy shares as it highlights the company's "growing stream of recurring, high-margin services revenue".