Sterne Agee Maintains Buy Rating On GME

Analysts at Sterne Agee kept its Buy rating on shares of GameStop Corp. (

), while keeping its price target at $26. In its report, Sterne Agee noted that "We expect GME to remain in a very strong competitive position in the used games business." GameStop Corp. operates as a retailer of video game products and personal computer (

) entertainment software.