Best Buy's (BBY) "Neutral" Rating Reaffirmed at DA Davidson

Best Buy's (BBY) "Neutral" Rating Reaffirmed at DA Davidson

DA Davidson reiterated a "neutral" rating and set a $95.00 price target on shares of Best Buy in a research report on Tuesday.

Best Buy Shares Fall After DA Davidson Downgrades Stock to Neutral

Best Buy (NYSE:BBY) shares fell 2.2% in premarket trading after DA Davidson downgraded the consumer electronics retailer to Neutral from Buy and set a $95 price target. The firm cited valuation following a recovery in Best Buy's share price, which had moved to within approximately 5% of its new…