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

A person wearing a protective mask exits from a GameStop Corp. store at a mall in San Diego, California, on Thursday, April 22, 2021.
Bing Guan | Bloomberg | Getty Images

GameStop 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.