MARKETS
Analyst Actions

B of A Securities Reinstates Underperform on Best Buy Co, Announces $80 Price Target

Aug 3, 2026 · 06:25 AM ET· updated 2h ago

B of A Securities analyst Christopher Nardone reinstates Best Buy Co (NYSE:BBY) with a Underperform and announces $80 price target.

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Why It Matters

A big investment bank is saying Best Buy stock might not do as well as others, with a target price of $80. When experts lower their view like this, it's worth paying attention to what they think might be slowing the company down.

This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.