Companies in the NA sector have received a lot of coverage today as analysts weigh in on Best Buy Co (BBY – Research Report) and Peloton Interactive (PTON – Research Report).
Best Buy Co (BBY)
D.A. Davidson analyst Michael Baker maintained a Buy rating on Best Buy Co today. The company’s shares closed last Tuesday at $67.62.
According to TipRanks.com, Baker is a 4-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Best Buy Co with a $76.64 average price target, which is a 17.9% upside from current levels. In a report issued on November 14, Piper Sandler also maintained a Buy rating on the stock with a $77.00 price target.
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Peloton Interactive (PTON)
In a report released yesterday, Paul Golding from Macquarie maintained a Hold rating on Peloton Interactive, with a price target of $6.00. The company’s shares closed last Tuesday at $5.31, close to its 52-week low of $4.28.
According to TipRanks.com, Golding is a 1-star analyst with an average return of
Currently, the analyst consensus on Peloton Interactive is a Hold with an average price target of $7.48, which is a 38.5% upside from current levels. In a report issued on November 7, Deutsche Bank also downgraded the stock to Hold with a $4.00 price target.
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Read More on BBY:
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- Best Buy (NYSE:BBY) Drops on Lowered FY24 Outlook
- Best Buy narrows FY24 EPS view to $6.00-$6.30 from $6.00-$6.40, consensus $6.20
- Options Volatility and Implied Earnings Moves Today, November 21, 2023
