Goldman Sachs Neutral On GameStop Corp

Goldman Sachs Neutral On GameStop Corp. (GME) Goldman Sachs has a Neutral rating and a $22 price target on shares of GameStop Corp. GME. In a note to investors, Goldman writes, "BBY appears to be emerging as an incrementally better competitor, though we believe the near-term impact on GME is likely limited given small assortments and lower awareness. We remain Neutral on GME shares despite modest valuation given our guarded industry view." Shares of GME gained 23 cents yesterday to close at $21.19, a gain of 1.1%.
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Posted In: Analyst ColorPrice TargetAnalyst RatingsComputer & Electronics RetailConsumer DiscretionaryGoldman Sachs
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