Wedbush Maintains Underperform on GameStop, Lowers Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Michael Pachter maintains an Underperform rating on GameStop (NYSE:GME) and lowers the price target from $13.5 to $11.
June 12, 2024 | 1:42 pm
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Wedbush analyst Michael Pachter maintains an Underperform rating on GameStop and lowers the price target from $13.5 to $11.
The lowered price target and maintained Underperform rating from a reputable analyst could negatively impact investor sentiment and lead to a short-term decline in GameStop's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100