GameStop Corp. (GME) Tops Q1 EPS by 2c; Issues Q2 EPS, Comps Outlook

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Go back to GameStop Corp. (GME) Tops Q1 EPS by 2c; Issues Q2 EPS, Comps Outlook

GameStop (GME) Buy Rating Reiterated at Wedbush

May 23, 2014 9:57 AM EDT

Wedbush maintained an Outperform rating on GameStop (NYSE: GME) with a price target of $60. Comments follow Q1 results.

"GameStop has been a large beneficiary of the success of the new consoles. Through the first six months of launch, industry PS4 and Xbox One hardware unit sales are 107% higher than for the previous generation, new console software unit sales are up 45%, and sales of... More

GameStop (GME) Bullish Stance Reiterated at Needham & Company Post Q1

May 23, 2014 6:44 AM EDT

Needham & Company analyst Sean McGowan reiterated a Buy rating and $55 price target on GameStop (NYSE: GME) following solid Q1 results as share repurchases are likely to provide upside.

McGowan comments, "1Q Results were in line with guidance and Street consensus. GME reiterated FY... More