Tariffs Cast A Shadow Over Best Buy, Target: Could This Be A Buying Opportunity?

Just as Best Buy Co Inc BBY and Target Corp TGT gear up for a turnaround, tariffs are threatening to spoil the party. Both retailers are navigating a shifting consumer landscape, but with significant sourcing exposure to China and Mexico, new trade barriers could weigh on margins.Tariffs Eclipse Best Buy's ComebackJPMorgan analyst Christopher Horvers sees Best Buy as a clear victim of tariff uncertainty. Despite posting its first positive comp since third quarter of 2021 and showing strong margin upside, th ...