Wedbush Maintains Underperform on GameStop, Lowers Price Target to $6.2
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Michael Pachter maintains an Underperform rating on GameStop (NYSE:GME) and lowers the price target from $6.5 to $6.2.
June 08, 2023 | 4:45 pm
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Wedbush analyst Michael Pachter maintains an Underperform rating on GameStop and lowers the price target from $6.5 to $6.2.
The lowered price target by Wedbush analyst Michael Pachter indicates a bearish outlook on GameStop's stock. The Underperform rating suggests that the stock is expected to underperform the market in the short term. This news is likely to have a negative impact on GME's stock price.
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IMPORTANCE 80
RELEVANCE 100