Courtesy of Benzinga.
On Monday, the Vetr Crowd upgraded their rating for GameStop Corp. (NYSE: GME) from 2.5 stars (Buy) to 3 stars (Strong Buy). Crowd sentiment for the stock is good, with 72 percent of Vetr user ratings bullish.
This upgrade come after a rough couple of months for the video game retailer, whose shares declined 35.5 percent from $32.16 to a year-long low of $20.73 on November 4. Shares were looking a little healthier, fluctuating around $25.11 on Mponday afternoon.
Overall analyst sentiment is still middling after Autumn losses. Piper Jaffray downgraded the stock earlier this month to Neutral in light of the company’s early November dip.
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Vetr’s crowd target price is down at $24.79, which is well below the average analyst target price of $30.97. Less than 2 percent of Vetr users hold GME in their watch lists.
Posted-In: VetrUpgrades Crowdsourcing Analyst Ratings General
