Loop Capital says invest in Best Buy to capitalise on housing market rebound
BBYBest Buy(BBY) Invezz·2024-03-20 00:26

Best Buy Co Inc (NYSE: BBY) is in the green at writing after a senior Loop Capital analyst issued a bullish note in its favour. Best Buy stock has upside to 93CopylinktosectionAnthonyChukumbareiteratedhis“buy”ratingontheelectronicsretailerthismorningandraisedhispriceto93 Copy link to section Anthony Chukumba reiterated his “buy” rating on the electronics retailer this morning and raised his price to 93 which suggests about a 20% upside from here. The analyst dubbed Best Buy stock a “stealth housing play” in his research note today because he expects sales of appliances and television sets to pop as renovations and ...