Take-Two Interactive Software (TTWO) Receives Price Target

Take-Two Interactive Software (TTWO) stock is expected to deviate a maximum of $2.71 from the average target price of $43.55 for the short term period. 10 Street Experts have initiated coverage on the stock with the most promising target being $48 and the most muted being $40.

Take-Two Interactive Software (TTWO) : 13 analysts are covering Take-Two Interactive Software (TTWO) and their average rating on the stock is 1.62, which is read as a Buy. 9 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 2, which recommends a Buy affirms that they expect a large upside in the stock from the current levels. A total of 4 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.


Also, Jefferies maintains their rating on the shares of Take-Two Interactive Software (NASDAQ:TTWO). The current rating of the shares is Buy. Equity Analysts at the Firm raises the price target to $48 per share from $45 per share. The rating by the firm was issued on August 9, 2016.

Take-Two Interactive Software (NASDAQ:TTWO): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $43.50 and $43.01 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $43.84. The buying momentum continued till the end and the stock did not give up its gains. It closed at $43.76, notching a gain of 0.67% for the day. The total traded volume was 1,068,725 . The stock had closed at $43.47 on the previous day.

Take-Two Interactive Software, Inc. is a developer, publisher and marketer of interactive entertainment. The Company develops and publishes products through its two wholly owned labels Rockstar Games and 2K. The Company has a portfolio of software content for the hardware platforms in a range of genres, including action, adventure, family/casual, racing, role-playing, shooter, sports and strategy, which it distributes across the world. The Companys products are designed for console gaming systems, such as Sonys PlayStation 3 and PlayStation 4, Microsofts Xbox 360 and Xbox One, and personal computers, including Smartphones and tablets. Rockstar Games is the developer and publisher of Grand Theft Auto, as well as other franchises, including L.A. Noire, Max Payne, Midnight Club and Red Dead. The Companys 2K publishes owned and licensed titles across a range of genres, including shooter, action, role-playing, strategy, sports and family/casual.

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