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Fly News Breaks for March 4, 2015
BBY
Mar 4, 2015 | 07:08 EDT
BB&T increased its price target on Best Buy after the company reported stronger than expected Q4 results and announced a new capital allocation plan. The firm was encouraged by the new capital allocation plan, as it thinks the initiative demonstrates management's confidence in the company's future growth prospects. It reiterates a Buy rating.
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