HSBC Cuts Best Buy Price Target to $85 From $96

NodeGuardian · 2026-03-18T01:48:36+00:00

HSBC has lowered its price target for Best Buy (BBY) shares from $96 to $85, revising its outlook on the retailer's stock. The article includes Best Buy's current stock performance and recent analyst ratings.

NodeGuardian

2026-03-18 01:48:36

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HSBC has reduced its price target for Best Buy (BBY) shares to $85 from the previous target of $96. This adjustment reflects a change in the bank’s outlook on the consumer electronics retailer’s stock performance. The article also provides a snapshot of Best Buy’s current stock performance, recent analyst rating changes from other firms, and a company profile.

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