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Credit Suisse downgrades Best Buy (BBY) to Neutral from Outperform on its view that management...

  • Friday, May 11, 2012, 6:58 AM ET
    Credit Suisse downgrades Best Buy (BBY) to Neutral from Outperform on its view that management will continue to stay distracted by stories not related to operations. Analysts slashed their price target on shares to $20 from $32.
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This news story has 2 comments:

  •  
    Seems like management has more important concerns like the plans to close 50 stores. Also seems like an opportunity for me to increase my position in BBY at the significantly lower cost.
    11 May 2012, 11:05 AM Reply Like
  •  
    Go right ahead. I hope the company turns around for you.

    My stock, which I purchased through the company's ESPP, is now well under water.
    13 May 2012, 11:14 PM Reply Like
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