Cleveland Research analyst Daryl Boehringer raised estimates on Best Buy Co., Inc. BBY assuming market share gains in earnings report next week.
Boehringer commented on Best Buy's improved comp/ margin trajectory, ongoing cost savings, and upcoming product introductions tailwinds. Cleveland increased full year 2014 EPS estimates from $2.53 to $2.57. The average analyst FY14 EPS is $2.45 according to Bloomberg.
Best Buy is scheduled to report earning on Tuesday, November 19th.
Best Buy closed at $43.33 on Thursday and is currently trading +0.83%.
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