GameStop Needs to Get It Together Already: Analyst_老虎社区_美港股上老虎

GameStop Needs to Get It Together Already: Analyst

Yahoo Finance2022-01-13

GameStop's (GME) new management has to step up its game, says one of the few Wall Street analysts who still cover the retailer of physical video games."The longer we wait for new information from a ...

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Blading23
·2022-01-15
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But at some point, we worry the individual investor will grow restless. Recent headlines re: GameStop's involvement in the growing metaverse and NFT marketplace are intriguing, but still very difficult to size and to apply value in our financial model,\" said Jefferies analyst Stephanie Wissink. \"We're taking a slight step back in our valuation framework. We were hopeful by this point that we'd have more to build from, especially given our enthusiasm re: GameStop's unique ability to monetize its CRM/gamer database.\"Wissink reiterated a Hold rating on GameStop's stock and a $130 price target, relatively in line with the stock's current trading level.The analyst's sharp comments on GameStop are hardly a shock if one follows the company closely.The king of meme stocks — led by new CEO Matt Furlong (former Amazon exec) — hasn't expanded too much on its desire to morph into a tech company. 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