Deutsche Bank reduces its rating on Best Buy (BBY -11.4%) to Hold, troubled by disappointing...

|About: Best Buy Co. (BBY)|By:, SA News Editor

Deutsche Bank reduces its rating on Best Buy (BBY -11.4%) to Hold, troubled by disappointing margins: Q3 "hammers home the point that BBY may be able to drive a comp, but will have a difficult time maintaining profit levels to do it as they fight back against newer competitors for share." BBY must "figure out a way to win back share without sacrificing profits.”