Monness, Crespi, Hardt Downgrades GameStop (GME) to Sell, Sets $20 Price Target

January 9, 2012 2:32 PM EST
Get Alerts GME Hot Sheet
Price: $18.66 +0.48%

Rating Summary:
    3 Buy, 11 Hold, 8 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Monness, Crespi, Hardt & Co.'s Bill Lennan downgraded shares of GameStop (NYSE: GME) from Neutral to Sell. The analyst set a new $20 price target.

With GameStop shares down 3.9 percent to $23.91 at last check, Lennan's new price target implies potential downside of about 16 percent.

For an analyst ratings summary and ratings history on GameStop click here. For more ratings news on GameStop click here.


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