GameStop May volatility elevated at 114 on sharp two-month rally into Q1 GameStop May call option implied volatility is at 114, June is at 47, July is at 39, October is at 38; compared to its 26-week average of 39 according to Track Data, suggesting larger near term price movement into the expected release ofQ1 results on May 23.
GameStop price target raised to $46 from $35 at Sterne Agee Sterne Agee believes that GameStop's shares could advance further, as the firm thinks that the company can generate significantly higher than expected earnings in the next few years. Sterne Agee keeps a Buy rating on the stock.
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