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Ascendiant analyst Edward Woo lowered the price target on GameStop Corp (NYSE:GME) to $23 from $24, implying an 84.9% downside, and reiterated a Sell. “Reddit trading” may rally the shares in the near term, but this will likely fade in 2022 as digital threats increase, given the company’s “weak” earnings outlook, Woo tells.
...read full article on Benzinga
