BBY -Best Buy Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : BBY -Best Buy

BBY 82.14

-1.3%

3:59 PM EDT

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Steve Sucheck who started this subject	9/13/2000 9:31:27 AM
From: Rainy_Day_Woman	of 980

Best Buy to Canada, analyst predicts Digital product sales generate cash for expansion Convinced that the Minneapolis-based electronic giant is headed north for a major expansion into Canada, Caruso raised his 12-month price target to $100, a striking 45 percent above Tuesday's closing price of $69.19. Best Buy (BBY: news, msgs) officials were unavailable to confirm or deny Caruso's speculation. Caruso [Merrill Lynch analyst] jacked up his share price prediction only hours after going out on a limb with an $85 price target and strongly urging investors to scoop up shares of Best Buy before the rest of the world caught on. His reasoning earlier: the growing demand for Best Buy's digital products, which hammered out double-digit gains in the second quarter and tons of cash. full story: cbs.marketwatch.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next