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Why GameStop Stock Just Popped a Lucky 7.7%

Monday is looking like a lucky day to own GameStop (NYSE: GME). First Telsey Advisory Group upgraded GameStop shares to an outperform with a $10 price target, reports TheFly.com today, and then Jefferies upgraded the shares to buy with an $8 target or higher. This year will see the release of new gaming consoles from both Microsoft (the Xbox Series X) and Sony (the PlayStation5), possibly as soon as early November. Read More...

Why GameStop Stock Just Popped a Lucky 7.7%

Monday is looking like a lucky day to own GameStop (NYSE: GME). First Telsey Advisory Group upgraded GameStop shares to an outperform with a $10 price target, reports TheFly.com today, and then Jefferies upgraded the shares to buy with an $8 target or higher. This year will see the release of new gaming consoles from both Microsoft (the Xbox Series X) and Sony (the PlayStation5), possibly as soon as early November.

Read More