GameStop Reveals Black Friday Week Deals

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Industry Weakness Leads to EPS Miss for GameStop (GME); Wedbush Cuts Price Target to $45

November 24, 2015 7:53 AM EST

Wedbush maintained an Outperform rating on GameStop (NYSE: GME), and cut the price target to $45.00 (from $55.00), following the company's 3Q earnings report. Halo 5 and Ubisofts Assassins Creed Syndicate underperformed expectations, and industry hardware sales did not accelerate after price cuts. Non-GAAP EPS... More

Slow Sales Drive 3Q Miss for GameStop (GME); Baird Cuts Price Target to $46

November 23, 2015 3:33 PM EST

Baird maintained an Outperform rating on GameStop (NYSE: GME), and cut the price target to $46.00 (from $54.00), following the company's 3Q earnings report. GME reported revenues and EPS of $2.01B and $0.54, respectively, below consensus expectations of $2.15B and $0.59. The miss was driven by soft next-gen... More