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Jefferies Sees Upside In GameStop, With New Xbox, PlayStation As Catalysts
Monday, September 14, 2020 - 11:20am | 412GameStop Corp (NYSE: GME) caught a sell-side upgrade Monday morning after reporting second-quarter earnings last week. The GameStop Analyst: Jefferies analyst Stephanie Wissink upgraded GameStop shares from Hold to Buy and raised the price target from $7 to $8. The GameStop Takeaways: “...
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Analysts Aren't Impressed With GameStop's Quarter Or Future
Thursday, September 10, 2020 - 12:06pm | 337GameStop Corp (NYSE: GME) reported second-quarter earnings after the market close on Wednesday. GameStop reported revenue down 26.7% year over year to $942 million. Quarterly losses of $1.40 per share missed the analyst consensus estimate by 37 cents. The GameStop Analysts: Credit Suisse analyst...
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GameStop's Disappointing Quarter Highlighted By 800% E-Commerce Growth
Wednesday, September 9, 2020 - 5:14pm | 326GameStop Corp (NYSE: GME) reported second-quarter earnings Wednesday that came up short on both revenue and EPS estimates. What Happened: GameStop reported second-quarter revenue down 26.7% year over year to $942 million. Lower store base and lower store operating days contributed to same-store...
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Microsoft Confirms New Xbox Release Date, Price
Tuesday, September 8, 2020 - 2:21pm | 374The console wars heated up Tuesday as Microsoft Corporation (NASDAQ: MSFT) officially unveiled its new Xbox console. What Happened: The company’s Xbox Twitter account unveiled the Xbox Series S with a “Let’s make it official” tweet. The new console, which will be the...