From Financial Modeling Prep: 2025-04-14 22:31:00

DA Davidson reiterated its Buy rating and $110 price target on Best Buy (NYSE:BBY) due to a positive shift in tariff policy that could benefit the electronics retailer. A recent Customs and Border Protection update has excluded many consumer electronics from new Chinese import tariffs, including laptops, smartphones, monitors, and memory chips. Analysts believe this move could reduce cost risks and support Best Buy’s margins and investor sentiment.



Read more at Financial Modeling Prep:: Tariff Exemption Offers Relief: DA Davidson Reaffi…