GameStop (GME) Receives Strong Buy Rating and Price Target Boost

GameStop (GME) has been upgraded to a Zacks Rank #1 (Strong Buy) due to an upward trend in earnings estimates. The Zacks rating system, which tracks changing earnings pictures, is useful for individual investors as it provides a positive comment on a company's earnings outlook. Rising earnings estimates and the rating upgrade indicate an improvement in GameStop's underlying business, which could push the stock higher. The Zacks Rank stock-rating system has a strong track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988.