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-0.000390320062451132 0 0.000390320062451271 -0.000390320062451132 -0.0644028103044496 -0.0993364558938329 -0.0737704918032787 -0.0690866510538641
Stock impact report

Trump tariffs make Best Buy a big loser as Citi drops a downgrade [Yahoo! Finance]

HP Inc. (HPQ) 
Last hp inc. earnings: 2/24 04:05 pm Check Earnings Report
US:NYSE Investor Relations: h30261.www3.hp.com
Company Research Source: Yahoo! Finance
Citi analyst Steven Zaccone slashed his rating on Best Buy on Thursday to Neutral from Buy. "We believe the tech replacement cycle, new AI innovation, and margin execution are positive attributes to the story, but the external backdrop is making for a more challenging environment to execute. We see increasing same-store sales risk in the face of consumer uncertainty as well as higher promotional risk from tariffs," Zaccone said. Best Buy stock tanked 10% in premarket trading on Thursday. Read more about today's market action following Trump's tariff announcement. The president on Wednesday imposed a baseline tariff rate of 10% on all US trade partners, which will go into effect on April 5. Additional tariffs will be placed on countries that t Read more
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