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Fly News Breaks for October 20, 2016
NTDOY, GME
Oct 20, 2016 | 12:05 EDT
Baird analyst Colin Sebastian noted Nintendo (NTDOY) unveiled its "Switch" home/portable hybrid device, revealing it will use physical cartridges for its games, which he sees as a potential positive for retailers like GameStop (GME). While Sebastian expects fairly modest unit sales for Nintendo next year, he added that new hardware launches are important revenue drivers for GameStop's video game business. The analyst keeps an Outperform rating and $40 price target on GameStop shares.
News For GME;NTDOY From the Last 2 Days
NTDOY
Apr 17, 2024 | 12:36 EDT
"Game On" is The Fly's weekly recap of the stories powering up or beating down video game stocks. NEW RELEASES: Among... To see the rest of the story go to thefly.com. See Story Here
