DA Davidson Maintains Buy on Best Buy Co, Lowers Price Target to $96
DA Davidson analyst Michael Baker maintains Best Buy Co (NYSE:BBY) with a Buy and lowers the price target from $99 to $96.
Best Buy Co. Increased Its Quarterly Dividend From $0.88 To $0.92 Per Share
Today, the company announced its board of directors approved a 5% increase in the regular quarterly dividend to $0.92 per share. The regular quarterly dividend will be payable on April 13, 2023, to
Telsey Advisory Group Maintains Market Perform on Best Buy Co, Lowers Price Target to $81
Telsey Advisory Group analyst Joseph Feldman maintains Best Buy Co (NYSE:BBY) with a Market Perform and lowers the price target from $83 to $81.
Dow Jumps Over 300 Points; Best Buy Profit Beats Views
U.S. stocks traded higher toward the end of trading, with the Dow Jones gaining more than 300 points on Thursday.
The Dow traded up 0.97% to 32,978.95 while the NASDAQ rose 0.59% to 11,446.55. The S&P 500 also rose, gaining, 0.61% to 3,975.37.
Earnings Scheduled For March 2, 2023
Companies Reporting Before The Bell
• argenx (NASDAQ:ARGX) is expected to report quarterly loss at $3.03 per share on revenue of $176.89 million.
Tesla, Best Buy And 3 Stocks To Watch Heading Into Thursday
With US futures trading lower this morning on Thursday, some of the stocks that may grab investor focus today are as follows:
Investor Optimism Drops Further After S&P 500 Settles Lower
The CNN Money Fear and Greed index showed further drop in the overall sentiment among US investors.
The S&P 500 and Nasdaq recorded losses on Wednesday, dropping on the first day of March.
Telsey Advisory Group Downgrades Best Buy Co to Market Perform, Lowers Price Target to $83
Telsey Advisory Group analyst Joseph Feldman downgrades Best Buy Co (NYSE:BBY) from Outperform to Market Perform and lowers the price target from $88 to $83.
Exane BNP Paribas Downgrades Best Buy Co to Neutral
Exane BNP Paribas analyst Chris Bottiglieri downgrades Best Buy Co (NYSE:BBY) from Outperform to Neutral.
$1000 Invested In This Stock 20 Years Ago Would Be Worth $5,000 Today
Best Buy Co (NYSE:BBY) has outperformed the market over the past 20 years by 1.12% on an annualized…