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Investment analysts at Stifel Nicolaus upped their target price on shares of Take-Two Interactive Software (NASDAQ:TTWO) from $23.00 to $24.00 in a note issued to investors on Thursday, American Banking & Market News reports. The firm currently has a “buy” rating on the stock. Stifel Nicolaus’ price objective suggests a potential upside of 26.38% from the stock’s previous close.

Other equities research analysts have also recently issued reports about the stock. Analysts at Benchmark Co. reiterated a “hold” rating on shares of Take-Two Interactive Software in a research note on Wednesday. They now have a $22.30 price target on the stock, down previously from $22.74. Separately, analysts at Wedbush reiterated a “buy” rating on shares of Take-Two Interactive Software in a research note on Wednesday. They now have a $25.00 price target on the stock, up previously from $24.00. Finally, analysts at Ascendiant Capital Markets reiterated a “buy” rating on shares of Take-Two Interactive Software in a research note on Wednesday. They now have a $26.00 price target on the stock, up previously from $25.00. Eight equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $22.45.

Take-Two Interactive Software (NASDAQ:TTWO) traded down 1.58% on Thursday, hitting $18.69. The stock had a trading volume of 1,564,599 shares. Take-Two Interactive Software has a 52-week low of $14.10 and a 52-week high of $22.41. The stock’s 50-day moving average is $20.70 and its 200-day moving average is $19.00. The company has a market cap of $1.590 billion and a price-to-earnings ratio of 5.09. Take-Two Interactive Software also saw some unusual options trading activity on Tuesday. Stock investors acquired 15,574 put options on the stock. This is an increase of 1,481% compared to the typical daily volume of 985 put options.

Take-Two Interactive Software (NASDAQ:TTWO) last issued its quarterly earnings data on Tuesday, May 13th. The company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.11. The company had revenue of $233.20 million for the quarter, compared to the consensus estimate of $201.51 million. During the same quarter in the previous year, the company posted $0.38 earnings per share. The company’s revenue for the quarter was down 23.1% on a year-over-year basis. On average, analysts predict that Take-Two Interactive Software will post $1.01 earnings per share for the current fiscal year.

Take-Two Interactive Software, Inc is a developer, marketer and publisher of interactive entertainment for consumers worldwide.

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