Gabelli Funds LLC Has $373000 Position in Best Buy Co Inc (BBY)

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Summary

Gabelli Funds LLC reduced its stake in Best Buy Co Inc (NYSE:BBY) by 28.6% in the 2nd quarter, according to the company in its most recent filing with the SEC.Wedbush set a $65.00 price target on Best Buy and gave the stock a “sell” rating in a research report on Thursday, August 23rd.Finally, Bank of America reaffirmed a “buy” rating and issued a $92.00 price target on shares of Best Buy in a research report on Tuesday, August 28th.In other news, General Counsel Keith J. Nelsen sold 33,473 shares of the business’s stock in a transaction that occurred on Tuesday, September 4th.Best Buy Co, Inc operates as a retailer of technology products, services, and solutions in the United States, Canada, and Mexico.

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