Brean Murray Carret & Co. Reaffirms Hold Rating on Take-Two (TTWO)
A number of other firms have also recently commented on TTWO. Analysts at Ascendiant Capital Markets cut their price target on shares of Take-Two from $20.00 to $15.00 in a research note to investors on Wednesday. They now have a “buy” rating on the stock.
Shares of Take-Two opened at 11.78 on Wednesday. Take-Two has a 52 week low of $10.63 and a 52 week high of $17.58. The company’s market cap is $1.055 billion.
Take-Two last announced its earnings results on Tuesday, May 22nd. The company reported ($0.60) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.55) by $0.05. The company’s quarterly revenue was down 18.8% on a year-over-year basis. On average, analysts predict that Take-Two will post $0.12 earnings per share next quarter.
Take-Two Interactive Software, Inc. is a global publisher, developer and distributor of interactive entertainment software, hardware and accessories.