BUZZ-Street View: Best Buy’s raised outlook sparks mixed analyst calls amid margin concerns

Reuters
昨天
BUZZ-Street View: Best Buy’s raised outlook sparks mixed analyst calls amid margin concerns

** Best Buy BBY.N raises annual sales, profit forecast on Tuesday, betting on strong holiday demand on electronics

** At least 7 brokerages raised PT, median PT of 27 brokerages is $84 - data compiled by LSEG

MARGIN PRESSURE LINGERS

** J.P.Morgan ("Overweight," PT: $99) says share of wallet pull-forward in computing, TVs and appliances is at or nearing an end, with a higher installed base of electronics supporting a soft landing this year

** Telsey Advisory Group ("Outperform", PT: $95): Newer initiatives, such as higher-margin membership, marketplace and advertising businesses, as well as ongoing product innovation and the replacement cycle, should help fuel positive comp and earnings growth

** Truist Securities ("Hold", PT: $84): says Best Buy needs a stronger product cycle to generate more sustainable growth and share performance

** Wedbush ("Neutral", PT: $80) remains more cautious on Q4’s potential against expectations of highly promotional holiday season and waning consumer confidence

(Reporting by Koyena Das)

((Koyena.das@thomsonreuters.com))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10