Bank of America continues to be bearish on GameStop, giving it a "sell" rating and a target price of $10. Analyst Curtis Nagle pointed out: "As we have emphasized many times, the problem with GameStop is that its development is out of touch with the company's fundamentals. The latest console sales data is not optimistic, which shows that GameStop's physical store sales are still facing huge challenges." Nagle added: "While the release of the new generation of consoles is relatively small, total physical game sales seem to be very disappointing, in fact, so far, for every PS5 and Xbox Series X/S sold...
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