Loop Capital analyst Anthony Chukumba lowered his FY17 EPS estimate for GameStop (GME) to $3.70 from $3.77 after his firm's survey showed the relatively short battery life, title lineup, and initial price of Nintendo's (NTDOY) upcoming Switch hybrid console are problematic for gamers and the survey results made him less positive about the Switch's debut. However, as he believes Switch sales expectations are already fairly muted, he keeps a Buy rating on GameStop share.
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