- Jefferies thinks Best Buy (BBY) management's turnaround plan is gaining credibility with each passing quarter.
- Improved margins are a major focus, although Q4 will be the "defining quarter" for the company.
- The investment firm adds $5 to its price target to take it to $40 and boosts FY13 and FY14 EPS estimates.
Best Buy's turnaround plan gaining credibility
Aug 21 2013, 07:37 ET