Morgan Stanley Reiterates Equal-Weight Rating on Best Buy
Posted on December 17, 2012 at 09:56 AM EST
In a report published Monday, Morgan Stanley reiterated its Equal-Weight rating on Best Buy Co. (NYSE: BBY ). Morgan Stanley noted, “Our surveys suggest mixed Holiday demand for CE. We are increasing our 4Q US comp estimate 100bp to +0.5% as traffic and conversion are clearly top priorities for BBY
