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Why GameStop Stock Just Popped a Lucky 7.7%

TheMotleyFool

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Why GameStop Stock Just Popped a Lucky 7.7%Photo, wide shot, wide-angle lens, Retail store, neutral atmosphere, photo by Joe Cornish: https://img.theapi.app/temp/5574eb69-dc38-42f3-aadd-6163ac8bd4a8.png

Monday is looking like a lucky day to own GameStop (NYSE: GME).

Shares of the videogame retailer jumped double-sevens in early trading this morning, up 7.7% through 10:10 a.m. EDT, after a pair of Wall Street analysts announced new upgrades for the stock. First Telsey Advisory Group upgraded GameStop shares to an outperform with a $10 price target, reports TheFly.com today, and then Jefferies upgraded the shares to buy with an $8 target or higher.

Image source: Getty Images.

Source Fool.com

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