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Fly News Breaks for May 27, 2016
GME
May 27, 2016 | 08:12 EDT
After GameStop reported stronger than expected results but its Q2 guidance came in below expectations, SunTrust says that analysts' estimates "were just too high," while the company's Q2 guidance was similar to that of many other retailers. The firm is "puzzled" by the stock's significant downturn and reiterates a Buy rating.
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