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Telsey Advisory Sticks to Their Buy Rating for Best Buy Co (BBY)

Tipranks - Tipranks - Wed Mar 4, 8:54AM CST

Telsey Advisory analyst Joe Feldman maintained a Buy rating on Best Buy Co today and set a price target of $95.00.

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According to TipRanks, Feldman is a 4-star analyst with an average return of 5.1% and a 52.15% success rate. Feldman covers the Consumer Cyclical sector, focusing on stocks such as Floor & Decor Holdings, Best Buy Co, and Five Below.

Currently, the analyst consensus on Best Buy Co is a Hold with an average price target of $74.50.

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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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