Investing

A salesman carries a Best Buy shopping basket in San Francisco, California.

Getty Images

Best Buy is undervalued next to its peers as it continues to innovate within consumer electronics and provides more services for its customers, according to Guggenheim.

Guggenheim initiated coverage of Best Buy with a buy rating and an $80 price target, which would be an 11% upside for the stock.

Products You May Like

Articles You May Like

Six-figure college debt balances are on the rise. This woman owes $500,000
United Airlines posts higher profits and buys used Boeing 737s as Max grounding drags on
Retiring this year? How much you’ll need for health-care costs
IQOS boosts Philip Morris International’s quarterly profit, revenue. Stock jumps
BlackRock’s Fink: CEOs tell me they’re pulling their supply chains out of China

Leave a Reply

Your email address will not be published. Required fields are marked *