Seeking Alpha

Jefferies upgrades Best Buy (BBY) to Buy with an improved price target of $24. The firm says new...

Jefferies upgrades Best Buy (BBY) to Buy with an improved price target of $24. The firm says new Best Buy management will succeed in cutting costs and improve its online business. In addition, sales of Europe and China operations could fetch as much as $600M to $900M. BBY +1.2% premarket to $18.61.
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