UPDATE: Oppenheimer Upgrades GameStop (GME) to Outperform
Tweet
Share
E-mailGet Alerts GME Hot Sheet
Price: $10.16 +1.50%
Rating Summary:
3 Buy, 11 Hold, 8 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 16 | Down: 11 | New: 13
Rating Summary:
3 Buy, 11 Hold, 8 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 16 | Down: 11 | New: 13
Join SI Premium – FREE
(Updated - June 14, 2013 8:57 AM EDT)
Oppenheimer upgraded GameStop (NYSE: GME) from Perform to Outperform with a price target of $50.00 (from $27.00). Analyst Brian Nagel thinks Xbox One and PS4 launches will drive a resurgence in sales.
He raised FY14 EPS to $3.80 and introduced FY15 EPS of $5. This compares to consensus of $3.13 and $3.68, respectively.
For an analyst ratings summary and ratings history on GameStop click here. For more ratings news on GameStop click here.
Shares of GameStop closed at $37.53 yesterday.
Oppenheimer upgraded GameStop (NYSE: GME) from Perform to Outperform with a price target of $50.00 (from $27.00). Analyst Brian Nagel thinks Xbox One and PS4 launches will drive a resurgence in sales.
He raised FY14 EPS to $3.80 and introduced FY15 EPS of $5. This compares to consensus of $3.13 and $3.68, respectively.
For an analyst ratings summary and ratings history on GameStop click here. For more ratings news on GameStop click here.
Shares of GameStop closed at $37.53 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Boston Beer Company (SAM) PT Lowered to $325 at Jefferies
- UBS Downgrades Gujarat State Petronet (GUJS:IN) to Sell
- Halliburton (HAL) PT Raised to $52 at Wolfe Research
Create E-mail Alert Related Categories
Analyst Comments, Analyst EPS Change, Analyst EPS View, Analyst PT Change, Hot Upgrades, UpgradesSign 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!
