Best Buy (BBY) Extends Winning Streak to Six Sessions
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/20/2026
- Wall Street sinks as bond yields rise, Walmart results disappoint
- Walmart shares fall despite earnings beat
- Alibaba stock dips as Q2 profit misses estimates despite strong AI cloud growth
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
- Moderna stock pulls back after massive one-day rally: analysts weigh in
- Marvell issues Google warrant tied to custom chip deal
- FOMC minutes from July 28-29th meeting
- US stock futures steady after tech slump; investors focus on Middle East tensions
- Lowe's Cos. (LOW) Tops Q2 EPS by 17c, Misses on Revenue; Offers Fy27 Guidance
- Wall Street sinks as bond yields rise, Walmart results disappoint
Goldman Sachs Reinstates Best Buy (BBY) at Buy, Sees 25% Upside
March 12, 2013 7:14 AM EDTGoldman Sachs reinstates coverage on Best Buy (NYSE: BBY) with a Buy rating and $25 price target, suggesting 25% upside. The firm said cost cuts will drive improved profitability.
"Management changes are catalyzing a more realistic approach to pricing; substantial cost cuts; and, the... More
UPDATE: Best Buy Co., Inc. (BBY) Tops Q4 EPS by 11c
March 1, 2013 8:01 AM EST(Updated - March 1, 2013 8:06 AM EST)
Best Buy Co., Inc. (NYSE: BBY) reported Q4 adjusted EPS of $1.64, versus the analyst estimate of $1.53. Revenue for the quarter came in at $16.71 billion versus the consensus estimate of $16.32 billion.
Domestic comps rose 0.9 percent in the quarter. Online revs rose 11 percent.
International comps fell 6.6 percent. Best Buy noted, "Positive comparable store sales in Europe were more than offset by declines in... More
