Benchmark Co. Reconfirms $12.0000 Target Price On GameStop (GME), Reconfirms Sell Rating; First Light Asset Management Upped By $363,888 Its Heron Therapeutics (HRTX) Position

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First Light Asset Management Llc increased Heron Therapeutics Inc (HRTX) stake by 5.14% reported in 2017Q4 SEC filing. First Light Asset Management Llc acquired 20,216 shares as Heron Therapeutics Inc (HRTX)’s stock rose 49.32%. The First Light Asset Management Llc holds 413,721 shares with $7.49M value, up from 393,505 last quarter. Heron Therapeutics Inc now has $1.78B valuation. The stock increased 0.36% or $0.1 during the last trading session, reaching $27.6. About 3.88M shares traded or 218.58% up from the average. Heron Therapeutics, Inc. (NASDAQ:HRTX) has risen 87.03% since April 1, 2017 and is uptrending. It has outperformed by 75.48% the S&P500.

GameStop (NYSE:GME) had its stock rating noted as Sell by analysts at Benchmark Co.. Benchmark Co. currently has a $12.0000 PT on the $1.28 billion market cap company or -4.91% downside potential. This was revealed in a research note on 29 March.

Among 20 analysts covering GameStop Corp. (NYSE:GME), 11 have Buy rating, 2 Sell and 7 Hold. Therefore 55% are positive. GameStop Corp. has $60 highest and $15 lowest target. $30.78’s average target is 143.90% above currents $12.62 stock price. GameStop Corp. had 75 analyst reports since August 6, 2015 according to SRatingsIntel. Sterne Agee CRT downgraded the shares of GME in report on Monday, January 4 to “Neutral” rating. The firm earned “Buy” rating on Monday, July 11 by Bank of America. The rating was maintained by Benchmark on Wednesday, November 2 with “Sell”. Benchmark maintained the shares of GME in report on Wednesday, November 22 with “Sell” rating. As per Friday, August 28, the company rating was maintained by Telsey Advisory Group. Telsey Advisory Group maintained GameStop Corp. (NYSE:GME) on Tuesday, November 24 with “Market Perform” rating. The stock of GameStop Corp. (NYSE:GME) has “Neutral” rating given on Tuesday, November 24 by Bank of America. SunTrust maintained GameStop Corp. (NYSE:GME) rating on Friday, August 14. SunTrust has “Buy” rating and $58 target. As per Friday, May 26, the company rating was maintained by Robert W. Baird. Credit Suisse maintained the stock with “Hold” rating in Thursday, May 25 report.

The stock decreased 10.81% or $1.53 during the last trading session, reaching $12.62. About 25.46M shares traded or 616.02% up from the average. GameStop Corp. (NYSE:GME) has declined 33.43% since April 1, 2017 and is downtrending. It has underperformed by 44.98% the S&P500.

Investors sentiment increased to 1.46 in Q4 2017. Its up 0.39, from 1.07 in 2017Q3. It improved, as 37 investors sold GameStop Corp. shares while 70 reduced holdings. 56 funds opened positions while 100 raised stakes. 108.87 million shares or 8.64% more from 100.21 million shares in 2017Q3 were reported. Millennium Management Ltd holds 0% or 125,622 shares. The California-based Schwab Charles Inv Mgmt has invested 0.01% in GameStop Corp. (NYSE:GME). Smith Moore & Communication, a Missouri-based fund reported 25,735 shares. Qs Investors Ltd Liability Co has invested 0% in GameStop Corp. (NYSE:GME). Neuberger Berman Gp Ltd Limited Liability Company stated it has 18,919 shares. Wellington Management Gp Llp invested 0% in GameStop Corp. (NYSE:GME). 17,058 are owned by Greenleaf. The Mississippi-based Hancock Com has invested 0.02% in GameStop Corp. (NYSE:GME). Wells Fargo & Comm Mn has invested 0% in GameStop Corp. (NYSE:GME). Tower Research Cap Limited Liability Co (Trc), a New York-based fund reported 730 shares. Macquarie Group Inc Limited reported 3,700 shares. Centurylink Investment owns 45,621 shares. Dalton Greiner Hartman Maher stated it has 0.74% in GameStop Corp. (NYSE:GME). State Bank Of Montreal Can invested 0% in GameStop Corp. (NYSE:GME). Capital Fund Mgmt has 164,758 shares for 0.02% of their portfolio.

GameStop Corp. operates as an omnichannel video game retailer. The company has market cap of $1.28 billion. It sells new and pre-owned video game hardware; video game software; pre-owned and value video game products; video game accessories, such as controllers, gaming headsets, virtual reality products, memory cards, and other add-ons; and digital products, including downloadable content, network points cards, prepaid digital and subscription cards, and digitally downloadable software. It has a 3.68 P/E ratio. The firm also sells mobile and consumer electronics, including wireless services and products, and accessories, as well as new and pre-owned smart phones; personal computer entertainment software in various genres, including sports, action, strategy, adventure/role playing, and simulation; and strategy guides, magazines, and interactive game figures.

GameStop Corp. (NYSE:GME) Institutional Positions Chart