Bank of America: Downgraded GameStop (GME.US) to "Sell" and maintained target price of $10

智通财经网2021-04-27

Zhitong Finance APP learned that Bank of America analyst Curtis Nagle lowered the target price of GameStop (GME.US) to $10 and maintained a "sell" rating. It is reported that after GameStop's stock price tripled last year, the year-to-date increase is still more than 7 times. With the abnormal increase in stock prices, many company executives have also benefited a lot. Executive option cashouts will also weigh on the company's prospects. It is reported that the company's current CEO, the company's former chief financial officer and sales executive hold stock options of US $169 million, US $33.5 million and US $42.6 million respectively. If in the near future...

Web link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

PaulMardling
2021-05-06
PaulMardling
There is more than $7/share that is just cash in the bank, the institution pushing this rating seems to have an agenda, not suspect at all….

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2130238583?lang=en_US&edition=fundamental","thumbnail":"https://img.zhitongcaijing.com/source/image/46686.jpeg?x-oss-process=image/format,jpg/quality,Q_80/resize,w_250","is_english":false,"pubTime":"2021-04-27 15:19","share_image_url":"https://static.laohu8.com/6ca2dcdccfa2217fb20a0351f4efe814","id":"2130238583","market":"hk","top_or_hot":-1,"title":"Bank of America: Downgraded GameStop (GME.US) to \"Sell\" and maintained target price of $10","media":"智通财经网","content":"<p><div>Zhitong Finance APP learned that Bank of America analyst Curtis Nagle lowered the target price of GameStop (GME.US) to $10 and maintained a \"sell\" rating. It is reported that after GameStop's stock price tripled last year, the year-to-date increase is still more than 7 times. With the abnormal increase in stock prices, many company executives have also benefited a lot. Executive option cashouts will also weigh on the company's prospects. It is reported that the company's current CEO, the company's former chief financial officer and sales executive hold stock options of US $169 million, US $33.5 million and US $42.6 million respectively. If in the near future...</p><p><a href=\"http://www.zhitongcaijing.com/content/detail/459217.html\">Web link</a></div></p>","source":"highlight_zhitongcaijin","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bank of America: Downgraded GameStop (GME.US) to \"Sell\" and maintained target price of $10</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBank of America: Downgraded GameStop (GME.US) to \"Sell\" and maintained target price of $10\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">智通财经网</strong><span class=\"h-time small\">2021-04-27 15:19</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div>Zhitong Finance APP learned that Bank of America analyst Curtis Nagle lowered the target price of GameStop (GME.US) to $10 and maintained a \"sell\" rating. It is reported that after GameStop's stock price tripled last year, the year-to-date increase is still more than 7 times. With the abnormal increase in stock prices, many company executives have also benefited a lot. Executive option cashouts will also weigh on the company's prospects. It is reported that the company's current CEO, the company's former chief financial officer and sales executive hold stock options of US $169 million, US $33.5 million and US $42.6 million respectively. If in the near future...</p><p><a href=\"http://www.zhitongcaijing.com/content/detail/459217.html\">Web link</a></div></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"http://www.zhitongcaijing.com/content/detail/459217.html\">智通财经网</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BAC","symbol_name":"美国银行","start_time":0,"source_url":"http://www.zhitongcaijing.com/content/detail/459217.html","article_id":"2130238583","we_media_id":null,"thumbnails":["https://img.zhitongcaijing.com/source/image/46686.jpeg?x-oss-process=image/format,jpg/quality,Q_80/resize,w_250"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2130238583","pubTimestamp":1619507976,"sourceInfo":{"source_id":"highlight_zhitongcaijin","name":"智通财经网"},"weMediaInfo":null,"summary":"美国银行分析师Curtis Nagle将游戏驿站(GME.US)的目标价下调至10美元，维持“卖出”评级。","collect":0,"end_time":0,"defaultTopTitle":"zhitongcaijing.com","property":["rate"],"viewcount":null,"language":"zh","relate_stocks":{"BAC":"美国银行","GME":"游戏驿站"},"translate_title":"Bank of America: Downgrade GameStop (GME.US) to \"sell\" and maintain the target price of $10","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BAC":1,"GME":1},"content_text":"智通财经APP获悉，美国银行分析师Curtis Nagle将游戏驿站(GME.US)的目标价下调至10美元，维持“卖出”评级。据悉，GameStop股价在去年爆涨2倍后，年初至今涨幅仍超7倍。随着股价带来的异常涨幅，多名公司高管也因此获益颇丰。高管的期权兑现也将让公司前景承压。据悉，公司现任CEO、公司前财务总监以及销售主管分别持有1.69亿美元、3350万美元和4260万美元的股票期权，若近期实施兑现，合计金额将超2.9亿美元。Nagle表示：\"尽管公司管理层的新高管有数字和电子商务行业的经验，但这距离公司盈利的道路还很远。\"分析师们对于游戏驿站(GME.US)的前景普遍持有负面看法，共有4份“卖出”评级，平均目标价53.8美元，有66%的潜在下跌空间。","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[{"id":105613641,"gmtCreate":1620297229283,"gmtModify":1704341509192,"author":{"id":"3572968392598415","authorId":"3572968392598415","authorIdStr":"3572968392598415","name":"PaulMardling","avatar":"https://static.tigerbbs.com/0919d3658912343433bf81007b1c4f11","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3572968392598415"},"htmlText":"There is more than $7/share that is just cash in the bank, the institution pushing this rating seems to have an agenda, not suspect at all….","listText":"There is more than $7/share that is just cash in the bank, the institution pushing this rating seems to have an agenda, not suspect at all….","text":"There is more than $7/share that is just cash in the bank, the institution pushing this rating seems to have an agenda, not suspect at all….","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/105613641","repostId":2130238583,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":4,"commentSize":1,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.28.1","shortVersion":"4.28.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2130238583"}