Best Buy Stock Surges with Signs of AI-Driven Tech Refresh

Thursday, 30 May 2024, 19:12

The stock of Best Buy saw a significant surge amid indications of an upcoming AI-driven refresh for PCs and smartphones. Analysts maintain a positive outlook, supporting a buy-equivalent rating and a target price of $95.
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Best Buy Stock Surges with Signs of AI-Driven Tech Refresh

Best Buy Stock Surges with Expected AI-Driven PC and Smartphone Refresh

The stock of Best Buy surged with signs of an upcoming AI-driven refresh for PCs and smartphones. Analysts reiterated a buy-equivalent 1 rating and a $95 price target, indicating confidence in the company's investment thesis.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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