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Best Buy Co (BBY) Gets a Hold from Piper Sandler

Tipranks - Tipranks - Tue Feb 24, 6:13AM CST

Piper Sandler analyst Peter Keith maintained a Hold rating on Best Buy Co today and set a price target of $71.00.

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According to TipRanks, Keith is a 5-star analyst with an average return of 11.9% and a 56.94% success rate. Keith covers the Consumer Cyclical sector, focusing on stocks such as Boot Barn, Wayfair, and Home Depot.

In a report released today, TipRanks – Anthropic also reiterated a Hold rating on the stock with a $67.00 price target.

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Based on Best Buy Co’s latest earnings release for the quarter ending November 1, the company reported a quarterly revenue of $9.67 billion and a net profit of $140 million. In comparison, last year the company earned a revenue of $9.45 billion and had a net profit of $273 million

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