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Gamestop Corporation (GME) [hlAlert]

Rating:
Buy GME
down 4.02 %

Gamestop Corporation (GME) upgraded to Buy with price target $62 by UBS

Posted on: Friday,  May 23, 2008  9:25 AM ET by UBS

UBS rated Buy Gamestop Corporation (NYSE: GME) on 05/23/2008, when the stock price was $48.14. Since
then, Gamestop Corporation has lost 4.03% as of 12/10/2015's recent price of $46.20.
If you would have followed this UBS's recommendation on GME, you would have lost 4.02% of your investment in 2757 days.

GameStop Corp. (GameStop) is a retailer of video game products and personal computer (PC) entertainment software. The Company sells new and used video game hardware, video game software and accessories, as well as PC entertainment software, and related accessories and other merchandise. As of January 31, 2009, the Company operated 6,207 stores in the United States, Australia, Canada and Europe, primarily under the names GameStop and EB Games. During the fiscal year ended January 31, 2009, GameStop operated its business in four segments: United States, Canada, Australia and Europe. On April 5, 2008, GameStop acquired Free Record Shop Norway AS. In July 2008, the Company purchased certain assets and Website operations from The Gamesman Limited, a video game and entertainment software retailer, including eight stores in New Zealand. On November 17, 2008, GameStop France SAS, a wholly owned subsidiary of the Company, acquired SFMI Micromania SAS.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/23/2008 9:25 AM Buy
None
48.14 62.00
as of 12/24/2008
1 Week up  8.60 %
1 Month up  15.74 %
3 Months up  21.30 %
1 YTD down  -32.26 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/27/2007 9:25 AM Hold
None
56.79
7/26/2007 9:25 AM Buy
None
41.29 52.00

(*) Stock Price at the time of the recommendation.
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