HomeInvestingEarningsAnalyzing Best Buy (BBY) 3Q Earnings

Analyzing Best Buy (BBY) 3Q Earnings

Best Buy (BBY) released 3Q21 earnings before market open. We have a bearish view on the market and Best Buy (BBY), says Brandon Fletcher of Berstein. They have an underperform rating with a price target of $82 on Best Buy. He says it was a solid quarter as their comps continue to rise despite a 28% decrease in online sales. He thinks the rate of growth is likely turning down. They prefer retailers Walmart (WMT) and Kroger (KR) over Best Buy.

Morning Trade Live

23 Nov 2021

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