An analyst from DA Davidson maintained Best Buy (NYSE: BBY) at 'buy' with a price target of $87.00 from a prior price target of $96.00. Prior to this rating, Best Buy had 6 buy ratings,...
Best Buy (NYSE:BBY) declared a quarterly dividend of $0.92 per share, or $3.68 annualized. The dividend will be payable on July 6, 2023, to stockholders of record on June 15, 2023, with an...
An analyst from Jefferies maintained Best Buy (NYSE: BBY) at 'hold' with a price target of $77.00 from a prior price target of $79.00. Prior to this rating, Best Buy had 6 buy ratings,...
An analyst from Truist Securities maintained Best Buy (NYSE: BBY) at 'hold' with a price target of $77.00 from a prior price target of $88.00. Prior to this rating, Best Buy had 6 buy...
An analyst from Telsey maintained Best Buy (NYSE: BBY) at 'market perform' with a price target of $78.00 from a prior price target of $81.00. Prior to this rating, Best Buy had 6 buy...
An analyst from Goldman Sachs maintained Best Buy (NYSE: BBY) at 'neutral' with a price target of $77.00 from a prior price target of $76.00. Prior to this rating, Best Buy had 6 buy...
An analyst from Wells Fargo maintained Best Buy (NYSE: BBY) at 'equal weight' with a price target of $80.00 from a prior price target of $75.00. Prior to this rating, Best Buy had 6 buy...
An analyst from Credit Suisse maintained Best Buy (NYSE: BBY) at 'neutral' with a price target of $75.00 from a prior price target of $85.00. Prior to this rating, Best Buy had 6 buy...
Investing.com -- The S&P 500 surged Thursday, as an Nvidia-led surge in tech and progress on debt ceiling talks stoked bullish bets on stocks. The S&P 500 was up 0.9%, the Dow Jones...
By Shreyashi Sanyal and Shristi Achar A (Reuters) - Nasdaq futures jumped more than 2% on Thursday as Nvidia (NASDAQ:NVDA) shares soared on a blowout forecast from the chipmaker that also...
Investing.com -- Stocks in focus in premarket trade on Thursday, May 25th. Please refresh for updates. Nvidia (NASDAQ:NVDA) stock soared 28% after the world's most valuable listed chip...
Investing.com -- Best Buy Co. Inc. (NYSE:BBY) reported better-than-expected {{erl-8077||net income in the first quarter and maintained its full-year outlook, as gaming and services demand...
An analyst from Evercore ISI maintained Best Buy (NYSE: BBY) at 'in line' with a price target of $80.00. Prior to this rating, Best Buy had 6 buy ratings, 22 hold ratings, and 2 sell...
Investing.com - Best Buy (NYSE: BBY) reported first quarter EPS of $1.15, $0.04 better than the analyst estimate of $1.11. Revenue for the quarter came in at $9.47B versus the consensus...
Two retailers, one featuring technology and appliances and the other a mainstay of the off-price sector, are set to report earnings before markets open on Thursday.
S&P 500 (SPX) rallied 1.6% last week to hit the 100 weekly moving average (WMA) for the first time since last August. The benchmark U.S. stock market index also printed the highest level...
An analyst from Wedbush maintained Best Buy (NYSE: BBY) at 'neutral' with a price target of $72.00 from a prior price target of $85.00. Prior to this rating, Best Buy had 6 buy ratings,...
An analyst from Citi maintained Best Buy (NYSE: BBY) at 'sell' with a price target of $62.00 from a prior price target of $72.00. Prior to this rating, Best Buy had 6 buy ratings, 21...
Retail and marketing experts are questioning if consumers will see the value in paying for the perks electronics giant Best Buy is providing.
Today, Best Buy is unveiling a new suite of membership options — My Best Buy Memberships™ — that give customers more freedom to choose a membership that fits their technology needs,...
An analyst from Morgan Stanley maintained Best Buy (NYSE: BBY) at '' 'equalweight' and a price target of $75.00 from a prior price target of $80.00. Prior to this rating, Best Buy had 4 buy...
On April 24, 2023, in accordance with the director retirement policy within the Corporate Governance Principles of Best Buy (NYSE:BBY), director Thomas L. Millner tendered a letter to the...
Best Buy fired at least several hundred workers recently. It is either a sign of a slowing economy, or an admission that its business model is flagging. Either way, it is not good for the...
Best Buy said Friday that it is laying off hundreds of store workers as more of its shoppers buy online and sales of consumer electronics weaken.
Best Buy Co. BBY is slashing hundreds of jobs around the nation, the Wall Street Journal reported Friday. The Journal, citing unnamed sources, said the cuts affect consultants who specialize...
(Reuters) – Best Buy Co Inc is cutting store jobs across the United States, the Wall Street Journal reported on Friday, citing people familiar with the situation.
The electronics and appliance retailer is working to lower costs and shift its business as more sales happen online.
Best Buy Co., Inc. (NYSE:BBY) today announced that Sima Sistani, a seasoned media and technology leader, and Melinda Whittington, a leading executive in the furniture industry, have been...
By Davit KirakosyanInvesting.com -- Here is your daily Pro Recap of the biggest dividend headlines you may have missed on InvestingPro. Start your free 7-day trial to get this news...
By Scott Kanowsky Investing.com -- Best Buy Co Inc (NYSE:BBY) warned of a fall in sales and profit in its current financial year, as the consumer electronics chain faces...
By Peter Nurse Investing.com -- Stocks in focus in premarket trade on Thursday, March 2nd. Please refresh for updates. Macy’s (NYSE:M) stock rose over 6% after the department store...
Best Buy (NYSE:BBY) reported Q4 EPS of $2.61, $0.51 better than the analyst estimate of $2.10. Revenue for the quarter came in at $14.74 billion versus the consensus estimate of $14.7...
Best Buy (BBY) declared a quarterly dividend of $0.92 per share, or $3.68 annualized. This is a 4.5% increase from the prior dividend of $0.88.The dividend will be payable on April 13, 2023,...
Investing.com - Best Buy (NYSE: BBY) reported fourth quarter EPS of $2.61, $0.51 better than the analyst estimate of $2.10. Revenue for the quarter came in at $14.74B versus the consensus...
By Davit Kirakosyan Morgan Stanley downgraded Fulcrum Therapeutics (NASDAQ:FULC) to Equalweight from Overweight and cut its price target to $8.00 from $27.00. Shares plunged more than 56% on...
By Senad Karaahmetovic Last week, the S&P 500 recorded the biggest weekly drop since early December as investors increasingly expect the Fed to continue tightening amid recent...
By Michael Elkins Telsey Advisory Group downgraded Best Buy (NYSE:BBY) to a Market Perform rating (From Outperform) and cut the price target on the stock to $83.00 (From $88.00) ahead of...
By Noreen Burke Investing.com -- A raft of U.S. data and Eurozone inflation numbers will give more insight on the near-term path of interest rates. PMI data from China will show how the...
By Davit Kirakosyan Best Buy Co Inc (NYSE:BBY) shares fell more than 3% today after BofA Securities downgraded the company to Underperform from Neutral and lowered its price target to...
By Senad Karaahmetovic Shares of Best Buy (NYSE:BBY) are trading about 2% lower at the New York open after Bank of America analysts slashed the rating to Underperform from Neutral,...
By Peter Nurse Investing.com -- Stocks in focus in premarket trade on Wednesday, December 14th. Please refresh for updates. Delta (NYSE:DAL) stock rose 4.3% after the airline forecast its...
By Senad Karaahmetovic Goldman Sachs analysts made a series of rating changes in the firm’s research coverage of retail stocks. The analysts highlighted warnings issued by many companies...
By Peter Nurse Investing.com -- Stocks in focus in premarket trade on Monday, December 12th. Please refresh for updates. Amgen (NASDAQ:AMGN) stock fell 3.2% after the Wall Street Journal...
(Bloomberg) -- The recent wave of relief across the retail industry is giving way to a sense of foreboding ahead of Black Friday and the holiday shopping season.Shoppers helped companies...
By Liz Moyer Investing.com -- U.S. stocks were rising on Wednesday as investors awaited the release of the Federal Reserve’s most recent meeting minutes, which could provide clues about...
By Yasin Ebrahim Investing.com -- The Dow racked up gains Tuesday, underpinned by a string of mostly positive quarterly results from retailers and dip-buying in big tech and energy following...
By Yasin Ebrahim Investing.com -- The S&P 500 rallied Tuesday, as a string of mostly positive quarterly results from retailers and a rebound in energy and tech stocks boosted investor...
By Liz Moyer Investing.com -- Stocks were rising on Tuesday as investors awaited the release of the Federal Reserve's minutes of its last meeting tomorrow afternoon. Here are the midday...
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