Best Buy price target raised to $85 ahead of earnings next week
Piper Sandler hikes its price target on Best Buy to $85 from $77 ahead of earnings next week and says analysts raised second-quarter comp sales estimates on improving traffic trends.
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BBY Sales Rise
Best Buy reports increased sales driven by new gadgets and higher tax refunds. The company's stock is rising as a result.
BBY Sales Rise
Best Buy reports strong quarterly sales driven by steady gadget demand, boosting shares. The company's sales outlook exceeds expectations.
BBY beats Q1 estimates
Best Buy reports Q1 FY2027 earnings above expectations with 2% rise in comparable sales. Sales growth driven by strong demand for electronics.