J.P. Morgan analyst Christopher Horvers maintained a Hold rating on Best Buy Co (BBY – Research Report) yesterday and set a price target of $85.00. The company's shares closed last Tuesday at $73.47, close to its 52-week low of $69.07. According to TipRanks.com, Horvers is a 5-star analyst with an average return of 8.4% and a 60.6% success rate. Horvers covers the Consumer Goods sector, focusing on stocks such as Bj's Wholesale Club Holdings, Academy Sports and Outdoors, and Floor & Decor Holdings. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Best Buy Co with a $97.87 average price target, representing a 34.
https://www.tipranks.com/news/blurbs/j-p-morgan-sticks-to-its-hold-rating-for-best-buy-co-bby?utm_source=advfn.com&utm_medium=referral
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