Best Buy: My Thesis Played Out, And That Is Exactly Why I Am Downgrading It To A Hold
· seekingalpha.com
Best Buy's Marketplace and Ads initiatives are driving modest margin improvements, but memory cost inflation threatens product margins in H2 2026.
Best Buy: My Thesis Played Out, And That Is Exactly Why I Am Downgrading It To A Hold
I initiated coverage with a Buy rating on Jan 10, 2025, with a price targ...