Best Buy (BBY +11.7%) rallies to its highest share price since 2010, touching $45.39 at its high point just minutes ago.
Raymond James was the investment firm that came into the report with a Strong Buy rating on the retailer. The recent quarter supports RJ’s theme that Best Buy’s margins will continue to improve due to tight expense control.
LEA TAMBIÉN: Finanzas: DICK’S Sporting Goods Reports Third Quarter Results
Keybanc notes that growth in home theater, mobile phones, wearables and connected home was offset in part by a decline in gaming.
Fuente: Seeking Alpha
