Telsey keeps $30 target on GameStop, says we still don't know what the company's plan is

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Telsey keeps $30 target on GameStop, says we still don't know what the company's plan is
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New for subscribers: Telsey keeps $30 target on GameStop, says we still don't know what the company's plan is. Check out CNBCPro today.

A person wearing a protective mask exits from a GameStop Corp. store at a mall in San Diego, California, on Thursday, April 22, 2021.shares were hopping once again on Tuesday as investors cheered a share sale by the controversial company, normally not the most bullish thing for a stock.

Despite the morning pop, Telsey Advisory Group says the meme stock is still an unattractive investment that hasn't given any clarity on its turnaround plan.

 

Pro Telsey can be disregarded from here on out.

Pro The company doesn't even have a plan, because their business model is obsolete.

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