UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $174.64 Million Stake in Best Buy Co., Inc. $BBY

UBS AM, a unit of UBS ASSET MANAGEMENT AMERICAS LLC, decreased its stake in Best Buy Co., Inc. (NYSE:BBY) by 11.7% in Q2, but still holds 2,301,505 shares valued at $174.64 million. Other institutional investors have also adjusted their positions in Best Buy. Analysts have a mixed view on BBY, with an average "Hold" rating and a price target of $85.40, following its recent earnings beat and dividend announcement.