GameStop (GME) Tops Q3 EPS by 5c; Reiterates Outlook

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GameStop (GME) PT Lowered to $15 at Benchmark on 3Q Report; 'Underperformance Across All 8 Business Segments'

November 22, 2017 7:43 AM EST

Benchmark lowered its price target on GameStop (NYSE: GME) to $15.00 (from $18.00) while maintaining a Sell rating, following the company's third quarter earnings report.

Analyst Mike Hickey notes a cautious outlook on the shares with the company delivering underperformance across all 8 business segments, as used margin plummets and diversification not working.

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GameStop (GME) PT Lowered to $20 at BofA/Merrill Lynch

November 22, 2017 6:32 AM EST

BofA/Merrill Lynch lowered its price target on GameStop (NYSE: GME) to $20.00 (from $23.00) while maintaining a Neutral rating following the Q3 beat on new gaming sales despite weak tech brands.

Analyst Curtis Nagle said while GME has done a good job... More