Jefferies Downgrades Best Buy Co to Hold, Lowers Price Target to $85

Benzinga Newsdesk www.benzinga.com Negative 91.4%

Neg 91.4% Neu 0% Pos 0%

Jefferies analyst Jonathan Matuszewski downgrades Best Buy Co (NYSE:BBY) from Buy to Hold and lowers the price target from $89 to $85.