Wedbush Adds GameStop (GME) to 'Best Ideas List'; Reiterates Outperform
More News related to GME
- GameStop (GME) Shares Tumbling Amid Credit Suisse Downgrade, EA Earnings
- GameStop to Host Midnight Launch for BioShock 2
- Public Voting to Select Indie Game Challenge Gamer's Choice Award Now Underway
- Twelve Finalists Named for Indie Game Challenge; Winners of More Than $350,000 in Prizes to be Announced Feb. 19 at D.I.C.E. Summit
- The Academy of Interactive Arts & Sciences, GameStop, The Guildhall at SMU Announce Judging Panel for Indie Game Challenge Entries
More News related to Analyst Comments
- Morgan Stanley Says Buy Commodities on Recent Dip
- JPMorgan Close to Upgrading UAL, AMR, US Airways; Raises Estimates on UAL Following Traffic Results (UAUA, AMR, LCC, more)
- S&P Revises Credit Outlooks On BofA (BAC) and Citi (C) to Negative, Saying No More Free Govenment Handouts
- S&P Revises Outlook on Citigroup (C) from Stable to Negative
- Wedbush Maintains an 'Outperform' on Electronic Arts (ERTS); Lowers PT & Estimates
Wedbush reiterates an Outperform rating on GameStop (NYSE: GME), price target $34.
Wedbush analyst says, "The Wedbush Investment Committee is adding GameStop to the Best Ideas List. We expect industry sales to rebound beginning in 2010, and think that GameStop is well positioned to recover as well. GameStop gained market share during the quarter. The company narrowed FY:09 comp guidance to -4 to -7% from -4 to -8%, and EPS guidance to $2.45 - 2.63 from $2.40 - 2.64."
To see all the upgrades/downgrades on shares of GME, visit our Analyst Ratings page.
GameStop Corp. operates as a retailer of video game products and personal computer (PC) entertainment software.
Related Categories
Analyst CommentsStocks Mentioned
-0.77Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
