CNBC Pro

GameStop's turnaround plan accelerates but one analyst still believes the stock is worth only $30

A GameStop store is pictured in New York, January 29, 2021.
Carlo AllegriI | Reuters

GameStop's new succession plan sparked a big rally on Monday, but one Wall Street analyst is not yet convinced that the video game retailer can pull off an e-commerce transformation.

More In Street Calls

Bank of America downgrades Apple, says weak consumer will cause stock's outperformance to end
CNBC ProBank of America downgrades Apple, says weak consumer will cause stock's outperformance to end
Sell Coinbase as rising competition and macro pressures will hurt the stock, Wells Fargo says
CNBC ProSell Coinbase as rising competition and macro pressures will hurt the stock, Wells Fargo says
Home improvement companies could see increased sales following Hurricane Ian, Wells Fargo says
CNBC ProHome improvement companies could see increased sales following Hurricane Ian, Wells Fargo says