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Michael Pachter Overestimates, Take Two Interactive Shares
Tumble -08/12/10 at
9:07 PM CDTby Perry Rod
Call it the Pachter effect. Video game analyst
Michael Pachter, who himself has seemed to admit in the past that
his monthly U.S. sales estimates for publishers come without much
extensive research, has perhaps managed to help move Take Two
Interactive’s stock (NASDAQ:TTWO) down about 17% in only
three days. How? On Monday of this week,...
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Wedbush Morgan Upgrades Gamestop (GME)
-10/08/09 at 10:59 AM
CDTby Perry Rod
Calling Gamestop's guidance "conservative" and
citing valuation, Wedbush Morgan senior analyst Michael Pachter
raised his rating and price target for Gamestop to $34 and
"Outperform". "We expect industry sales to return to positive
territory in September, and think that GameStop is well positioned
to recover as well. " Gamestop is up around 3% this mornin...
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THQ Inc. Sells Over 1 Million UFC Undisputed Copies In First
Month -06/11/09 at 6:40
PM CDTby Mahyar Hashemi
According to research group NPD, UFC Undisputed
moved just over a million copies in its first twelve days on the
shelf in North America. That may explain why THQ stock is up
64% since its release date. Analysts were expecting much
fewer first month sales. Wedbush Morgan senior analyst
Michael Pachter had predicted 400,000 copies to sell ...
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