Notable Downgrades: GameStop (GME), Tractor Supply (TSCO), American Express (AXP), Cimpress N.V. (CMPR)

GameStop Corp. (GME) was reiterated an ‘Outperform’ by Wedbush analysts on Wednesday. The broker however cut its price target on the stock to $38 from $42. GameStop was also cut to $38 from $42 at Telsey Advisory Group. On valuation measures, GameStop Corp. Cl A stock it’s trading at a forward P/E multiple of 6.62x, […] View the full post at: Notable Downgrades: GameStop (GME), Tractor Supply (TSCO), American Express (AXP), Cimpress N.V. (CMPR) Related posts: GameStop Surges and Proves It is No Blockbuster Video Game Sales Weak, But GameStop is Undervalued Cramer: Flat Wrong on GameStop