Take-Two Interactive Software (TTWO): Looking Forward To Rockstar's Next Project - Jefferies

August 8, 2016 7:34 AM EDT
Get Alerts TTWO Hot Sheet
Price: $47.46 +0.49%

Rating Summary:
    15 Buy, 7 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 11 | Down: 31 | New: 42
Trade TTWO Now!
Join SI Premium – FREE

Get access to the best calls on Wall Street with StreetInsider.com's Ratings Insider Elite. Get your Free Trial here.

Jefferies analyst, Brian Fitzgerald, reiterated his Buy rating on shares of Take-Two Interactive (NASDAQ: TTWO) after the company posted solid results that were higher than the low expectations. New-IP Battleborn struggled to find an audience and for the second straight quarter, management notes Rockstar will announce its new project "soon." The analyst thinks this will be a positive catalyst especially if they announce Red Dead 2. In sports, the analyst is optimistic around NBA 2K'17; the franchise is seeing solid growth on the top and bottom lines.

No change to the price target of $45.00

For an analyst ratings summary and ratings history on Take-Two Interactive click here. For more ratings news on Take-Two Interactive click here.

Shares of Take-Two Interactive closed at $41.37 yesterday.

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In

Related Categories

Analyst Comments, Analyst EPS View

Related Entities

Jefferies & Co

Add Your Comment