Best Buy only one year into turnaround, says Citigroup Citigroup reiterates a Buy rating on Best Buy shares following the company's negative Holiday sales announcement. Citi says Best Buy is only one year into its turnaround and that sequential improvement in comps and margin could be a catalyst for shares. The firm lowered its price target for the stock to $31 from $48.
Intel launches 'Intel Experience' exclusively in 50 Best Buy stores Intel (INTC) has launched “The Intel Experience” exclusively in 50 Best Buy (BBY) retail stores nationwide. The hands-on experience zone gives everyone the opportunity to try, explore and play with the latest, cutting-edge technologies like 3-D printing, gaming meets augmented reality, and digital disc jockey remixing.