Best Buy Could Be Gearing Up For Comeback, Analyst Says

As consumer electronics retailers navigate a shifting landscape marked by evolving technology and changing consumer habits, Best Buy BBY finds itself at a pivotal juncture. Analysts closely watch how the company adapts to these dynamics, with strategic moves and new product offerings potentially reshaping its future trajectory.Telsey Advisory Group analyst Joseph Feldman maintained Best Buy with an Outperform and a $90 price forecast.Feldman states the company’s results are stabilizing and positioned to ret ...