GameStop has several positive catalysts, says Oppenheimer After attending the E3 Video Gaming Conference, Oppenheimer notes that publishers and manufacturers are preparing to launch a larger number of new games, while gamers seem to continue to prefer physical games over full game downloads. The firm continues to expect GameStop to benefit from the new video gaming product cycle. It keeps an Outperform rating on the stock.
April NPD video game software sales rose 13%, says Piper Jaffray Piper Jaffray notes April NPD video game software sales increased 13% year-over-year with next-generation software revenue up 200% versus the prior year. Piper keeps Overweight ratings on Activision Blizzard (ATVI), Electronic Arts (EA), GameStop (GME) and Take-Two (TTWO).