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Investment bank RBC Capital Markets on Monday turned Best Buy (BBY) into a “best sell” as it cut its rating on the stock to sector perform from outperform and lowered its price target to 36 from 42. Best Buy shares were down over 1% to below 32 in midday trading on the stock market today. “We have become increasingly concerned over what appear to be deteriorating sales trends in the consumer electronics channel,” RBC analyst Scot Ciccarelli said Scalper1 News
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