Seeking Alpha

Best Buy tapped for more gains

  • UBS upgrades Best Buy (BBY) to a Buy rating from Neutral. Analysts with the firm say the BBY trade is not over with the retailer showing the potential to earn as much as $3.50 per share by 2015.
  • Jefferies ups it price target to $52 from a previous level of $40.
  • BBY +2.3% premarket.
Comments (1)
  • SoldHigh
    , contributor
    Comments (1013) | Send Message
     
    So the stock runs 10s to 40s and ONLY NOW do the analysts upgrade it? How do these people keep their jobs?!?
    11 Nov 2013, 09:54 AM Reply Like
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