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Take-Two Interactive Software (NASDAQ:TTWO) was downgraded by investment analysts at Sterne Agee from a “buy” rating to a “neutral” rating in a note issued to investors on Friday, TheFlyOnTheWall.com reports.

A number of other analysts have also recently weighed in on TTWO. Analysts at Zacks downgraded shares of Take-Two Interactive Software from an “outperform” rating to a “neutral” rating in a research note on Thursday. They now have a $25.30 price target on the stock. Separately, analysts at Goldman Sachs initiated coverage on shares of Take-Two Interactive Software in a research note on Tuesday. They set a “neutral” rating and a $25.00 price target on the stock. Ten analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $24.28.

Shares of Take-Two Interactive Software (NASDAQ:TTWO) opened at 23.25 on Friday. Take-Two Interactive Software has a 52-week low of $15.99 and a 52-week high of $23.92. The stock’s 50-day moving average is $22.40 and its 200-day moving average is $21.18. The company has a market cap of $1.845 billion and a P/E ratio of 6.73.

Take-Two Interactive Software (NASDAQ:TTWO) last posted its quarterly earnings results on Tuesday, August 5th. The company reported ($0.14) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.26) by $0.12. The company had revenue of $125.40 million for the quarter, compared to the consensus estimate of $135.20 million. During the same quarter last year, the company posted ($0.54) earnings per share. Take-Two Interactive Software’s revenue was down 12.1% compared to the same quarter last year. Analysts expect that Take-Two Interactive Software will post $1.05 EPS for the current fiscal year.

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

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