Take-Two Interactive Software (TTWO) Tops Q4 EPS by 20c

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Piper Jaffray Raises Price Target on Take-Two Interactive Software (TTWO) Following 4Q Beat

May 19, 2016 7:47 AM EDT

Piper Jaffray reiterated an Overweight rating on Take-Two Interactive Software (NASDAQ: TTWO), and raised the price target to $40.00 (from $39.00), following the company's 4Q earnings report. Take-Two reported strong Q4'16 results, with revenue of $342.5m beating the Street's revenue estimate of $306M by 12%. EPS of $0.46 came in ahead of the Street's $0.26... More