摩根大通将百思买的目标价从99美元下调至76美元，评级则从"增持"下调至"中性"。(格隆汇) ...

Best Buy Co., Inc. (NYSE:BBY) is entering a stretch where short-term trading upside may be easier to find than durable gains, according to JP Morgan analyst Christopher Horvers, who sees tax stimulus and short covering as potential near-term supports but believes "sellers higher," tougher comparisons from lapping the Switch 2 launch and Windows 10 replacement cycle, and lower forward earnings expectations will likely cap sustained upside.Valuation Reset After DowngradeReflecting that view, Horvers downgrade ...

Core Viewpoint - The article summarizes key analyst rating adjustments that are closely watched by Wall Street and can influence market trends, highlighting significant upgrades, downgrades, and new coverage ratings for various companies [1][5]. Upgraded Ratings - Aritet Investment upgraded Shopify (SHOP) from Neutral to Buy, raising the target price from $166 to $175, citing attractive valuation after recent weakness [6]. - William Blair upgraded Palantir (PLTR) from Market Perform to Outperform ahead of its earnings report, emphasizing valuation advantages as the core reason for the upgrade [6]. - BTIG raised McDonald's (MCD) rating from Neutral to Buy with a target price of $360, noting that research on franchisees indicates effective promotional strategies are driving customer traffic growth [6]. - JPMorgan upgraded Autodesk (ADSK) from Neutral to Overweight, maintaining a target price of $319, due to differentiated fundamentals in the vertical software as a service sector [6]. - JPMorgan raised Church & Dwight (CHD) from Underweight to Neutral, increasing the target price from $92 to $100, believing that business adjustments will lead to better sales growth [6]. Downgraded Ratings - JPMorgan downgraded Best Buy (BBY) from Overweight to Neutral, significantly lowering the target price from $99 to $76, anticipating an "unfavorable" earnings report for Q4 [6]. - Leith Wheeler downgraded BioNTech (BNTX) from Outperform to Market Perform, slightly raising the target price from $112 to $113, while expressing long-term optimism about the company's differentiated R&D potential [6]. - Canadian Imperial Bank downgraded Fortinet (FTNT) from Outperform to Sector Perform, maintaining a target price of $85, expressing caution about the stock's performance in 2026 [6]. - HSBC downgraded Chevron (CVX) from Buy to Hold, raising the target price from $169 to $180, citing valuation factors as the main reason for the downgrade [6]. - Morgan Stanley downgraded Humana (HUM) from Equal Weight to Underweight, significantly lowering the target price from $262 to $174, citing risks related to bidding strategies and policies affecting profit margin recovery [6]. New Coverage Ratings - Jefferies initiated coverage on Micron Technology (MU) with a Buy rating and a target price of $500, believing that the company's fourth-generation high-bandwidth memory (HBM4) will capture market share post Q2 [6]. - Morgan Stanley initiated coverage on Circle Network (CRCL) with an Equal Weight rating and a target price of $66, indicating that higher valuations are unlikely until stablecoin technology becomes more widely adopted [6]. - Citizens Bank initiated coverage on Stewart Information (STC) with an Outperform rating and a target price of $80, citing significant attractiveness at current valuation levels [6]. - Wells Fargo initiated coverage on Praxis Precision Medicines (PRAX) with an Equal Weight rating and a target price of $282, noting uncertainty regarding the approval prospects of the drug ulixacaltamide [6]. - Craig-Hallum initiated coverage on Simon Group (THR) with a Buy rating and a target price of $60, highlighting the company's improved business conditions and diversification benefiting from data center cooling technology trends [6].

The most talked about and market moving research calls around Wall Street are now in one place. Here are today's research calls that investors need to know, as compiled by The Fly.Top 5 Upgrades: JPMorgan upgraded Church & Dwight (CHD) to Neutral from Underweight with a price target of $100, up from $92. JPMorgan believes Church & Dwight's reshaped portfolio will yield better sales growth.JPMorgan upgraded Autodesk (ADSK) to Overweight from Neutral with an unchanged price target of $319. The firm adjusted ...

Group 1 - The article promotes a subscription service called "The Dividend Dogcatcher," which focuses on identifying dividend-paying stocks that are considered safer investments [1] - It highlights a live video segment called "Underdog Daily Dividend Show," where a portfolio candidate is discussed every trading day [1] - The article encourages audience engagement by inviting comments on favorite or least favorite stocks for potential inclusion in future reports [1]

Group 1 - Major employers in Minnesota, including Target (TGT), UnitedHealth (UNH), and Best Buy (BBY), are calling for a de-escalation of tensions following federal immigration actions and a fatal shooting incident in Minneapolis [1][2]

Company Overview - Best Buy Co., Inc. has a market cap of $13.9 billion and is a leading retailer of technology products, appliances, and consumer electronics, operating through physical stores and online platforms in the U.S., Canada, and internationally [1] - The company provides delivery, installation, repair, technical support, and membership services through its stores, websites, and brands such as Best Buy, Geek Squad, Insignia, and Best Buy Health [1] Financial Performance - Best Buy is expected to announce its fiscal Q4 2026 results soon, with analysts predicting an adjusted EPS of $2.50, a decrease of 3.1% from $2.58 in the same quarter last year [2] - For fiscal 2026, analysts anticipate an adjusted EPS of $6.32, slightly down from $6.37 in fiscal 2025, but expect a growth of 7.8% year-over-year to $6.81 in fiscal 2027 [3] Stock Performance - Over the past 52 weeks, Best Buy's shares have declined by 21.3%, underperforming the S&P 500 Index's gain of 13.7% and the State Street Consumer Discretionary Select Sector SPDR ETF's return of 5.2% [4] - Shares of Best Buy increased by 5.3% on November 25 after the company reported better-than-expected Q3 2026 results, including an adjusted EPS of $1.40 and revenue of $9.67 billion, with a comparable-sales growth of 2.7% driven by strength in computing, gaming, and mobile phones [5] Analyst Ratings - The consensus view on Best Buy stock is cautiously optimistic, with a "Moderate Buy" rating overall; among 24 analysts, eight recommend "Strong Buy," 15 indicate "Hold," and one advises "Moderate Sell" [6] - The average analyst price target for Best Buy is $82.31, suggesting a potential upside of 23.7% from current levels [6]

Best Buy Co., Inc. (NYSE:BBY) is included among the 15 Best High Yield Stocks to Buy. Truist Cuts Best Buy (BBY) Target to $73, Keeps Hold Rating After Spending Data Review On January 16, Truist analyst Scot Ciccarelli trimmed his price target on Best Buy Co., Inc. (NYSE:BBY) to $73 from $77, while keeping a Hold rating. The update came as part of a broader Truist note covering Hardlines and Broadlines retail names. Truist said it’s revising its sales and earnings expectations after reviewing fresh Truis ...

Company Overview - Best Buy Co is the largest pure-play consumer electronics retailer in the US, with projected consolidated sales of over $41 billion in 2024, holding approximately 8% market share in North America and around 33% share of offline sales in the region [7] - The company generates most of its sales in-store, with mobile phones and tablets, computers, and appliances being its three largest categories [7] - Recent investments in e-commerce fulfillment have led to a doubling of the US e-commerce channel from pre-pandemic levels, with management estimating it will represent a mid-30% proportion of sales moving forward [7] Options Trading Insights - Recent options history indicates a bearish sentiment among large investors, with 50% of trades being bearish and only 37% bullish [1] - The total amount for put options was $228,795, while call options totaled $150,519 [1] - Whales have targeted a price range from $45.0 to $70.0 for Best Buy Co over the last 3 months, based on volume and open interest [2] Trading Volume and Open Interest - The average open interest for options of Best Buy Co stands at 1280.0, with total volume reaching 5,238.00 [3] - A chart detailing the progression of both call and put option volume and open interest for high-value trades is available, focusing on the strike price corridor from $45.0 to $70.0 over the last 30 days [3] Analyst Insights - An industry analyst has proposed an average target price of $77.0 for Best Buy Co, maintaining an Equal-Weight rating [9] - The stock is currently trading at $68.23, reflecting an increase of 1.58% [10] - RSI readings suggest that the stock may be approaching oversold conditions [10]

Group 1 - Best Buy Co., Inc. (NYSE:BBY) is recognized as the world's largest specialty consumer electronics retailer, recently reporting a 9-cent earnings beat on a $1.31 basis, with higher than expected revenue and strong same-store sales [2] - Management at Best Buy raised their full-year forecast across the board, contributing to a stock price increase of over 5% [2] - The company offers a 5% dividend yield, but lower interest rates are necessary for this yield to be effective [1] Group 2 - There is a notable short-selling volume of 8% for Best Buy, which may indicate a potential investment opportunity if the company's fundamentals are strong [1] - Recent market trends show a rotation towards retail stocks, with Best Buy being mentioned alongside other retailers like Abercrombie & Fitch and Kohl's, which have also performed well [2]