Wedbush downgrades Best Buy, says to look elsewhere among retail stocks for 2021

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Maggie Fitzgerald@mkmfitzgerald
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People wear protective face masks outside Best Buy in Union Square as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on September 24, 2020 in New York City.
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There are "better opportunities elsewhere" in retail than consumer electrics retailer Best Buy, according to Wedbush.