Morgan Stanley Reiterates Equal-Weight Rating on Best Buy Following Mixed 2Q13 Results
August 15, 2013 at 09:22 AM EDT
In a report published Thursday, Morgan Stanley analyst David Gober reiterated an Equal-Weight rating on Best Buy (NYSE: BBY ). In the report, Morgan Stanley noted, “Shares have risen 170% YTD, and while we believe BBY is a viable business with a strong new management team, it operates in a volatile