By: Benzinga
March 18, 2013 at 08:31 AM EDT
UPDATE: JP Morgan Moves Best Buy to Overweight on Valuation
In a report published by JP Morgan, analyst Christopher Horvers upgraded Best Buy (NYSE: NNY ) from Not Rated to Overweight with a $29 price target. JP Morgan reported that, “Our rating is based on the following: (1) having the right management team that can drive “self-help” financial improvement;
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