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Nemes Rush Group LLC Trims Stake in Best Buy Co., Inc. $BBY
Nemes Rush Group LLC significantly reduced its stake in Best Buy Co., Inc. by 94.4%, selling over 20,000 shares. Despite this, Best Buy exceeded EPS estimates, saw a slight revenue dip, raised its quarterly dividend, and provided optimistic FY2027 guidance. Analyst ratings for Best Buy are mixed, with a consensus “Hold” rating and an average price target of $76.20, though some firms have recently lowered their targets.