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Nintendo: Game Over? Time to Sell, Deutsche Bank Says.

in News on March 18, 2009 at 8:35 am PT

Has Nintendo run out of new levels to play? Deutsche Bank analyst Satoru Kikuchi this morning launched coverage of the videogame company with a Sell rating, asserting that profits are likely to “peak and decline after growing on the success of the Wii and the DS.” He asserts that earnings could “return to past levels if the company fails to come up with new blockbuster platforms.”