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Enter Symbol:
 
Best Buy Co., Inc. (BBY) [hlAlert]

Rating:
Hold BBY

Best Buy Co., Inc. (BBY) downgraded to Hold by BB&T Capital Mkts

Posted on: Monday,  May 21, 2012  10:25 AM ET by BB&T Capital Mkts

BB&T Capital Mkts rated Hold Best Buy Co., Inc. (NYSE: BBY) on 05/21/2012. Previously BB&T Capital Mkts rated Buy
Best Buy Co., Inc. (NYSE: BBY) on 02/26/2010., when the stock price was $36.93. Since then, Best Buy Co., Inc. has lost 51.26% of its value until BB&T Capital Mkts rated BBY Buy on 05/21/2012, when the price was $18.00. .

Best Buy Co., Inc. (Best Buy) is a specialty retailer of consumer electronics, home office products, entertainment software, appliances and related services. The Company operates retail stores and Web sites under the brand names Best Buy (BestBuy.com, BestBuy.ca, BestBuy.com.cn, espanol.BestBuy.com and BestBuyMobile.com), The Carphone Warehouse (Carphone Warehouse.com), Five Star (Five-Star.cn), Future Shop (FutureShop.ca), Geek Squad (GeekSquad.com and GeekSquad.ca), Magnolia Audio Video (MagnoliaAV.com). It operates through two business segments: Domestic and International. The Domestic segment consists of the store, call center and online operations in all states, districts and territories of the United States operating under the brand names Best Buy, Best Buy Mobile, Geek Squad, Magnolia Audio Video and Speakeasy. The International segment is comprised all Canada store, call center and online operations, under the brand names Best Buy, Best Buy Mobile, Future Shop and Geek Squad.

BB&T Capital Markets is dedicated to delivering world-class corporate banking, investment banking, and capital markets solutions to commercial clients, corporate clients, and government entities. Our customer focus and team approach, combined with the fast-growing strength and national recognition of BB&T, equip us to build lasting relationships and contribute significantly to the long-term success of each client.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/28/2013 11:25 AM Buy
None
16.03 21.00
as of 12/31/2012
1 Week   
1 Month   
3 Months   
1 YTD down  -22.97 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/21/2012 10:25 AM Hold
None
18.00
2/26/2010 9:25 AM Buy
None
36.93 45.00

(*) Stock Price at the time of the recommendation.
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