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

Rating:
Neutral BBY
down 28.46 %

Best Buy Co., Inc. (BBY) downgraded to Neutral with price target $33 by UBS

Posted on: Monday,  Aug 10, 2015  12:25 PM ET by UBS

UBS rated Neutral Best Buy Co., Inc. (NYSE: BBY) on 08/10/2015. Previously UBS rated Buy Best Buy Co., Inc. (NYSE: BBY) on
11/11/2013., when the stock price was $43.45. Since then, Best Buy Co., Inc. has lost 28.47% as of 08/10/2015's recent price of $31.08.
If you would have followed the previous UBS's recommendation on BBY, you would have lost 28.46% of your investment in 637 days.

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.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/20/2015 11:25 AM Hold
None
30.12 33.00
as of 8/27/2015
1 Week   
1 Month down  -10.86 %
3 Months down  -10.74 %
1 YTD down  -22.06 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/26/2015 10:25 AM Hold
None
34.01 35.00
8/10/2015 12:25 PM Hold
None
31.08 33.00
11/11/2013 11:25 AM Buy
None
43.45 49.00
8/22/2013 11:25 AM Hold
None
34.31 35.00
8/16/2013 11:25 AM Hold
None
30.95 31.00
5/20/2013 12:25 PM Hold
None
27.20 27.00
2/26/2013 10:25 AM Hold
None
16.94 18.00
11/21/2012 11:25 AM Hold
None
11.56 12.50
11/19/2012 1:25 PM Hold
None
13.93 14.50
11/14/2012 12:25 PM Hold
None
15.75 16.75
4/16/2012 11:25 AM Hold
None
21.76 23.50
3/28/2012 11:25 AM Hold
None
26.70 27.00
11/8/2011 11:25 AM Hold
None
25.94 28.00
6/16/2011 12:25 PM Hold
None
30.41 32.00
11/3/2009 11:25 AM Buy
None
39.04 46.00
9/12/2008 8:25 AM Hold
None
44.80

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