Best Buy rises after JPMorgan calls stock ‘spring-loaded’
$Best Buy(BBY.US$ rose nearly 2% Friday as $JPMorgan(JPM.US$ turned bullish.
Analyst Christopher Horvers upgraded his rating on the retailer to overweight from neutral. In a note to clients, he called Best Buy a “spring-loaded stock.”
Analyst Christopher Horvers upgraded his rating on the retailer to overweight from neutral. In a note to clients, he called Best Buy a “spring-loaded stock.”
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