Barclays Initiates Coverage of Best Buy (BBY) with Equal-Weight Recommendation

On February 8, 2023,
initiated coverage of Best Buy with
a Equal-Weight recommendation.

Analyst Price Forecast Suggests 0.90% Upside

As of February 11, 2023,
the average one-year price target for Best Buy is $85.73.
The forecasts range from a low of $69.69 to a high of $115.50.
The average price target represents an increase of 0.90% from its latest reported closing price of $84.96.

The projected annual revenue for Best Buy
is $46,781MM, a decrease of 2.39%.

The projected annual EPS
is $6.68, a decrease of…

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