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Fly News Breaks for January 13, 2017
GME
Jan 13, 2017 | 12:53 EDT
Piper Jaffray analyst Michael Olson notes that, in the past, GameStop's holiday comp report has "consistently been a source of weakness for the stock," as is the case again today. However, he adds that following the holiday report has historically been an opportune time to buy as the shares have shown short-term rebounds in the past. Olson maintains his Neutral rating and $23 price target on GameStop shares.
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