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...

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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….

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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. 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