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Best Buy rides BAML upgrade to 52-week high

Apr. 25, 2017 9:38 AM ETBest Buy Co., Inc. (BBY) StockBBYBy: Clark Schultz, SA News Editor1 Comment
  • Bank of America Merrill Lynch upgrades Best Buy (BBY +2.3%) to a Buy rating.
  • The investment firm sets a price target of $58.
  • Shares of Best Buy sailed to a new 52-week high of $52.58 off the BAML vote of confidence.
  • Best Buy is due to report earnings on May 23.

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