Jeffires Upgraded this to BUY FEB 1 now either they are crooks or imbeciles but
it proves that these upgrades are worthless and dangerous do you agree or not ?
Shares of GameStop (GME) and Perrigo (PRGO) are on the rise this morning, both up more than 5%. The video game retailer fell 1.9% yesterday, no doubt hurt by news that Take-Two Interactive Software‘s (TTWO) expected blockbuster game Grand Theft Auto V won’t be released until September. Analysts at Piper Jaffray upgraded GameStop to Buy.
Who are the imbeciles? First of all, you guys are confusing Jefferies with Piper Jaffray.
Second, analysts (even the really good ones) make bad/premature calls sometimes; it's impossible to get every call exactly right.