Best Buy Shares Higher After Jefferies Gives 7 Reasons to Own

By: Benzinga
Shares of Best Buy (NYSE: BBY ) surged Wednesday after analysts at Jefferies upgraded the company to a Buy rating and raised their price target on the stock to $24 from $13. In the note, Jefferies gives investors seven reasons to own the stock. Jefferies' seven reasons: 1. Management has expertise
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