GameStop (GME) PT, Estimates Cut at Piper Jaffray Following Mixed Q4
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March 27, 2015 6:52 AM EDT
B. Riley downgraded GameStop (NYSE: GME) from Buy to Neutral with a price target of $44.00 (from $64.00).
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 $38.79 yesterday.
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March 27, 2015 6:32 AM EDT
Janney Capital analyst Tony Wible lowered estimates and his fair value target on GameStop (NYSE: GME) to $42.00 following largely in-line Q4 results. The firm maintained a Buy rating.
Wible commented, "GMEs 4QCY14 results were largely in line with our below consensus... More
March 26, 2015 4:08 PM EDT
GameStop (NYSE: GME) reported Q4 EPS of $2.15, $0.01 worse than the analyst estimate of $2.16. Revenue for the quarter came in at $3.48 billion versus the consensus estimate of $3.63 billion.
Consolidated comparable store sales declined 1.8% (a 1.4% decline in the U.S. and a 2.6% decline internationally)... More
