GameStop (GME) PT Lowered to $10 at Credit Suisse
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April 3, 2019 6:56 AM EDT
(Updated - April 3, 2019 7:46 AM EDT)
(updated to add analyst comments)
BofA/Merrill Lynch analyst Curtis Nagle lowered the price target on GameStop (NYSE: GME) to a 'Street Low' $5.00 (from $9.00) while maintaining a Underperform rating. Nagle said expect another "very tough"... More
April 3, 2019 6:24 AM EDT
Baird analyst, Colin Sebastian, reiterated his Neutral on GameStop (NYSE: GME) and cut his price target to $11.00 (from $12.00) after the company reported 4Q18 results below expectations, driven by weakness in pre-owned revenue and margins. Pre-owned revenues declined 21.3% Y/Y in Q4 (-16.6% excluding extra week... More
April 2, 2019 4:07 PM EDT
(Updated - April 2, 2019 4:12 PM EDT)
GameStop (NYSE: GME) reported Q4 EPS of $1.45, $0.13 worse than the analyst estimate of $1.58. Revenue for the quarter came in at $3.06 billion versus the consensus estimate of $3.28 billion.
Concludes Review of Strategic and Financial Alternatives
2019 Outlook
As a result of the strategic and financial alternatives review... More
