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Buy $45

Gamestop Corporation (NYSE: GME) rated to Buy with price target $45 by Sun Trust Rbsn Humphrey

Thursday,  Dec 10, 2015  10:25 AM ET by Lynn Gilbert

Sun Trust Rbsn Humphrey rated
Gamestop Corporation (NYSE: GME) to Buy with price target $45.

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.

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