Take-Two Interactive (TTWO) PT Lowered to $122 at Credit Suisse

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Go back to Take-Two Interactive (TTWO) PT Lowered to $122 at Credit Suisse

Take-Two (TTWO) plunges 17% as mobile business weakness prompts a guidance cut

November 8, 2022 8:18 AM EST

Shares of Take-Two Software (NASDAQ: TTWO) are down about 17% in pre-market trading after the company reported weaker-than-expected bookings for its second fiscal quarter and slashed the full-year forecast.

Take-Two reported a loss per share of $1.54 on revenue of $1.39 billion, missing the average analyst estimate that called for a profit of $1.38 per share on sales of $1.56 billion. Net bookings were reported at $1.5 billion, missing the $1.55 billion... More

Take-Two Interactive (TTWO) PT Lowered to $165 at Jefferies

November 8, 2022 8:01 AM EST

Jefferies analyst Andrew Uerkwitz lowered the price target on Take-Two Interactive (NASDAQ: TTWO) to $165.00 (from $200.00) while maintaining a Buy rating.

The analyst commented, "In RDR2, there is an NPC you might come across who is looking for another NPC -... More

Take-Two Interactive (TTWO) PT Lowered to $145 at Oppenheimer

November 8, 2022 7:00 AM EST

Oppenheimer analyst Andrew Uerkwitz lowered the price target on Take-Two Interactive (NASDAQ: TTWO) to $145.00 (from $180.00) while maintaining an Outperform rating.

The analyst commented, "We expected mobile weakness ahead of F2Q23. However, F2Q results and guidance surprised us again to the downside.... More