From Barchart: 2025-03-07 11:20:00

DA Davidson analysts reaffirmed a Buy rating and a $110.00 price target on Best Buy (NYSE:BBY) due to strong Q4 performance and growth trends. The company’s Q4 comparable sales beat suggests a product cycle ramp starting in computing and expanding to other categories. However, analysts warn of risks from tariffs affecting Best Buy’s overseas-manufactured inventory. Despite this, optimism remains for growth and margin expansion.



Read more at Barchart:: Best Buy Maintained With Buy Rating as Product Cyc…