GameStop (GME) Tops Q1 EPS by 9c; Bumps Outlook

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GameStop (GME) PT Bumped to $52 at Wedbush on Q1 'Beat and Raise'

May 29, 2015 7:18 AM EDT

Wedbush analyst Michael Pachter reiterated an Outperform rating and lifted his price target on GameStop (NYSE: GME) to $52.00 (from $50.00) following the Q1 EPS and comp beat on strong execution and Q2 guidance that was above the Street.

The firm is establishing FY:16 estimates for... More