GameStop (GME) Holiday Comps Rose 4.4%; Q4, FY Guidance Updated
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Wedbush Sees Full Game Downloads as Problem for GameStop (GME) - Cuts PT to $38
January 13, 2016 7:40 AM ESTWedbush maintained an Outperform rating on GameStop (NYSE: GME), and cut the price target to $38.00 (from $42.00), following the release of company's 2015 holiday sales. Though management attributed the new SW sales decline of 9.7% primarily to fewer Nintendo titles and current-gen weakness, Wedbush believes that a major culprit is rapidly ramping digital full game... More
