GameStop Not Significantly Impacted by Digital Until 2017, says Analyst

Over the last year or so GameStop executives have repeatedly downplayed the impact that digital distribution will have on their video game empire, while at the same time the company has made moves to become the "world's largest digital aggregator." Now Ben Schachter of Broapoint AmTech has initiated coverage of GameStop (a "Buy" rating and $33 target), and he agrees with the retailer that its business won't be affected much by the digital revolution for many more years. Ultimately, Schachter doesn't see much impact on GameStop until 2017.

Read Full Story >>
Oculus Quest Giveaway! Click Here to Enter
The story is too old to be commented.