Hyatt (H) (HBAN) (LUX) (GME) (GPN) (GTIV) Ratings, Price Targets

Hyatt Hotels (NYSE: H), Huntington Bancshares (NASDAQ: HBAN), Luxottica Group S.p.A. (NYSE: LUX), GameStop (NYSE: GME), Global Payments (NYSE: GPN) and Gentiva Health Services (NASDAQ: GTIV) ratings and price targets.

Hyatt Hotels (H) was downgraded by Goldman Sachs (NYSE:GS) from a “Buy” rating to a “Neutral” rating. They have a price target of $43.00 on the company.

Huntington Bancshares (HBAN) was downgraded by Stifel Nicolaus from a “Buy” rating to a “Hold” rating.

Luxottica Group S.p.A. (LUX) was upgraded by Barclays Capital (NYSE:BCS) from an “Equal Weight” rating to an “Overweight” rating.

GameStop (GME) had its “Buy” rating reiterated by Sterne Agee. They have a price target of $30.00 on the company.

Global Payments (GPN) had its “Neutral” rating reiterated by Goldman Sachs (NYSE:GS).

Gentiva Health Services (GTIV) had its “Hold” rating reiterated by Jefferies Group (NYSE:JEF).

Price Targets (EXXI) (FRX) (GCI) (GME) (IGTE) Weekly Recap

Price targets on shares of Energy XXI (NASDAQ: EXXI), Forest Laboratories, Inc. (NYSE: FRX), Gannett (NYSE: GCI), GameStop Corp (NYSE: GME) and iGATE Co. (NASDAQ: IGTE) updated by analysts during the last week.

Rodman & Renshaw raised their price target on Energy XXI (EXXI) from $37.00 to $40.00. They have an “outperform” rating on the company.

Jefferies (NYSE:JEF) raised their price target on Forest Laboratories, Inc. (FRX) from $39.00 to $42.00. They have a “buy” rating on the company.

UBS AG (NYSE:UBS) raised their price target on Gannett (GCI) from $16.00 to $25.00. They have a “buy” rating on the company.

Wedbush raised their price target on GameStop Corp (GME) from $26.00 to $33.00. They have an “outperform” rating on the company.

Jefferies raised their price target on iGATE Co. (IGTE) from $22.00 to $26.00. They have a “buy” rating on the company.

Price Targets on (FOSL) (GME) (GPS) (HANS) (INTU) Updated

Price targets on shares of Fossil (NASDAQ: FOSL), GameStop Corp (NYSE: GME), The Gap Inc. (NYSE: GPS), Hansen Natural Co. (NASDAQ: HANS) and Intuit Inc. (NASDAQ: INTU) were updated by analysts.

JPMorgan Chase & Co. (NYSE:JPM) raised their price target on Fossil (FOSL) to $110.00.

Goldman Sachs (NYSE:GS) raised their price target on GameStop Corp (GME) to $26.00.

Goldman Sachs cut their price target on The Gap Inc. (GPS) to $17.00.

Stifel Nicolaus raised their price target on Hansen Natural Co. (HANS) from $67.00 to $71.00. They have a “buy” rating on the company.

Citigroup (NYSE:C) raised their price target on Intuit Inc. (INTU) to $63.00.

Ratings on (ESV) (CTRP) (GME) (HD) (HERO) Reiterated

Ratings on ENSCO PLC (NYSE: ESV), Ctrip.com International, Ltd. (NASDAQ: CTRP), GameStop Corp (NYSE: GME), Home Depot (NYSE: HD) and Hercules Offshore, Inc. (NASDAQ: HERO) were reiterated by analysts.

Duncan Williams reiterated a “strong buy” rating on ENSCO PLC (ESV). They have a price target of $68.00 on the company.

Morgan Stanley (NYSE:MS) reiterated an “overweight” rating on Ctrip.com International, Ltd. (CTRP).

Sterne Agee reiterated a “buy” rating on GameStop Corp (GME).

Goldman Sachs (NYSE:GS) reiterated a “buy” rating on Home Depot (HD).

Duncan Williams reiterated a “strong buy” rating on Hercules Offshore, Inc. (HERO). They have a price target of $10.50 on the company.

Price Targets on (EXXI) (FRX) (GCI) (GME) (IGTE) Updated

Price targets on Energy XXI (NASDAQ: EXXI), Forest Laboratories, Inc. (NYSE: FRX), Gannett (NYSE: GCI), GameStop Corp (NYSE: GME) and iGATE Co. (NASDAQ: IGTE) were updated by analysts.

Rodman & Renshaw raised their price target on Energy XXI (EXXI) from $37.00 to $40.00. They have an “outperform” rating on the company.

Jefferies (NYSE:JEF) raised their price target on Forest Laboratories, Inc. (FRX) from $39.00 to $42.00. They have a “buy” rating on the company.

UBS AG (NYSE:UBS) raised their price target on Gannett (GCI) from $16.00 to $25.00. They have a “buy” rating on the company.

Wedbush raised their price target on GameStop Corp (GME) from $26.00 to $33.00. They have an “outperform” rating on the company.

Jefferies raised their price target on iGATE Co. (IGTE) from $22.00 to $26.00. They have a “buy” rating on the company.

Can Gamestop (GME) Overcome Digital Delivery Challenge?

Gamestop (NYSE:GME) has been out of favor for some time on concerns over whether its business model can survive in light of the gravitation towards digital downloading of games.

The obvious question is whether or not the physical stores where Gamestop offers the majority of its products are going the way of the dinosaur.

But Gamestop has started to offer their own digital downloads for games, and if their customers are loyal to them, that could help.

The challenge for digital downloads of any content is the inevitable commoditization of the sector, as there's little, if anything, to compete on other than price. Netflix (NASDAQ:NFLX) faces a similar challenge with TV shows and movies as that is going digital as well.

A couple of pluses in this atmosphere is the need for consumers to acquire game consoles via stores and the used game business offered by Gamestop.

If Gamestop can successfully grow out its digital gaming business while selling consoles and maintaining the used gaming business, they have a chance to continue to grow, although it's doubtful it will be at the potential if the sector had continued with physical offerings.

GameStop (NYSE:GME) Results Could Fall Short of Expectations

GameStop (NYSE:GME) could disappoint shareholders when they give their latest update, as results are very likely to fall short of expectations.

Pacific Crest noted, “Video game sales have been weak for two years, and this holiday was no different. We estimate that U.S. software sales declined over 10% year over year in December, and that hardware sales also declined.”

Revenue is estimated to come in at $3.68 billion for the fourth quarter with earnings topping out at $1.53 a share, according to Pacific. That would be below the $3.72 billion and $1.56 the Street is looking for.

GameStop closed Wednesday at $21.89, dropping $0.61, or 2.71 percent.