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Take-Two Interactive Software (NASDAQ: TTWO) received a number of ratings updates from brokerages and research firms in the last week:

  • Take-Two Interactive Software had its “buy” rating reaffirmed by analysts at Wedbush. They now have a $25.00 price target on the stock, up previously from $24.00. They wrote, “Solid F4Q with revenue of $233mn above the Street at $205mn due to Digital (GTA Online, NBA 2K) and Catalog, and while gross margin missed (48% vs. low-50s guidance), EPS of $0.21 beat Street at $0.10 due to lower S&M and fewer shares. The positives were above Street FY15 revenue guidance ($1.40bn vs. $1.37bn) and accelerating y/y Digital rev growth (51% from 42%). Negatives were the below Street FY15 EPS guidance ($0.93 vs. $1.05), cash burn in FY15, and limited Rockstar title disclosure to build confidence in FY15. FY14 was a blow-out year vs guidance, we see upside potential in FY15, and are hopeful for a Red Dead 2 in FY16.”
  • Take-Two Interactive Software had its “hold” rating reaffirmed by analysts at Benchmark Co.. They now have a $22.30 price target on the stock, down previously from $22.74.
  • Take-Two Interactive Software had its “buy” rating reaffirmed by analysts at Bank of America. They now have a $25.00 price target on the stock, up previously from $24.00.
  • Take-Two Interactive Software had its “buy” rating reaffirmed by analysts at Ascendiant Capital Markets. They now have a $26.00 price target on the stock, up previously from $25.00.
  • Take-Two Interactive Software had its “buy” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $24.00 price target on the stock, up previously from $23.00.
  • Take-Two Interactive Software had its price target raised by analysts at Cowen and Company from $20.00 to $21.00.

Shares of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) opened at 19.51 on Wednesday. Take-Two Interactive Software, Inc. has a one year low of $14.10 and a one year high of $22.41. The stock’s 50-day moving average is $20.46 and its 200-day moving average is $19.. The company has a market cap of $1.502 billion and a P/E ratio of 6.08.

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

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