Telsey Advisory Group Maintains Outperform on Best Buy Co, Lowers Price Target to $88
Telsey Advisory Group analyst Joseph Feldman maintains Best Buy Co (NYSE:BBY) with a Outperform and lowers the price target from $90 to $88.
PreMarket Prep Stock Of The Day: Best Buy Wobbles After Earnings
Owning retail stocks this earnings season has been painful. Not only are issues getting annihilated off their own reports, but they are also getting pounded when their peers report disappointing results, both before and after their own results have been posted.
Mid-Afternoon Market Update: Nasdaq Down 300 Points; America’s Car-Mart Shares Spike Higher
U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite dropping around 300 points on Tuesday.
9 Stocks Moved By Traders On ‘Fast Money: Halftime Report’
CNBC’s "Fast Money: Halftime Report" delivers market-moving news to investors.
Mid-Day Market Update: Dow Drops Over 200 Points; CynergisTek Shares Jump
U.S. stocks traded lower midway through trading, with the Dow Jones dropping more than 200 points on Tuesday.
What’s Going On With Best Buy Shares Today?
Best Buy Co (NYSE: BBY) shares are volatile Tuesday following the company's first-quarter financial results, which were released before the market opened.
Best Buy Clocks 8.5% Revenue Decline In Q1; Cuts FY23 Outlook Citing Macro Conditions
Best Buy Co Inc (NYSE:BBY) reported a first-quarter FY23 sales decline of 8.5% year-on-year to $10.65 billion, beating the consensus of…
Benzinga’s Brief On Trending Tickers For May 24, 2022: Abercrombie & Fitch, Zoom Video And More
Benzinga’s “Daily Brief On Trending Tickers” highlights top-searched tickers from around the web and uses the Benzinga Pro platform to highlight recent news items possibly impacting those stocks.
Best Buy Cuts FY23 Adj. EPS Guidance From $8.85-$9.15 To $8.40-$9.00 vs $8.90 Est., Cuts Sales Guidance From $49.3B-$50.8B To $48.3B-$49.9B vs $50.12B Est.
FY23 Financial Guidance
Best Buy CFO Matt Bilunas said, “We are revising our full-year financial guidance to reflect our best estimate of how the year will play out based on the trends we have been seeing over the
