UPDATE: Jefferies Raises PT on Best Buy Following Good Q2 EPS Beat
August 21, 2013 at 10:27 AM EDT
In a report published Wednesday, Jefferies analyst Daniel Binder reiterated a Buy rating on Best Buy Co. (NYSE: BBY ), and raised the price target from $35.00 to $40.00. In the report, Jefferies noted, “BBY handily beat EPS expectations in Q2, reflecting slightly better sales, much better gross margin and
