Analysts: GameStop Will Benefit From Xbox Adjustment and 3 More Research Notes to Check Out
GameStop (NYSE:GME): Microsoft’s (NASDAQ:MSFT) decision to allow users to trade-in and rent disc-based games the same way they do on the current Xbox 360 console will strengthen GameStop, according to Sterne Agee. The firm keeps its $46 price target on GameStop and reiterates a Buy rating.
Green Mountain Coffee Roasters (NASDAQ:GMCR): Due to its upside potential, new brewer technology that could lock out non-licensed players, extended partnerships with others following Starbucks lead, sales growth, and potential to become an acquisition target, KeyBanc recommends shares of Green Mountain, and rates them at Buy. The price target has also been raised to $90 from $80.
Gannett (NYSE:GCI): Argus has brought its price target on Gannett from $25 to $30, after the company announced that it would acquire TV station owner Belo (NYSE:BLC). The firm has also raised its long-term rating on the stock to Buy from Hold, and keeps a shorter term Buy rating on the shares.
Pfizer (NYSE:PFE): BMO Capital believes that Pfizer investors should participate in the Zoetis spinoff, and tender at least 50 percent of their shares. The firm thinks that Zoetis has strong fundamental drivers and an attractive near-term risk/reward ratio, and keeps an Outperform rating on Pfizer shares.