Brean Murray Gives Hold Rating to Take-Two (TTWO)
Take-Two traded down 1.87% on Wednesday, hitting $11.56. Take-Two has a 52-week low of $10.63 and a 52-week high of $17.58. The company’s market cap is $1.043 billion.
Take-Two last posted its quarterly earnings results on Tuesday, May 22nd. The company reported ($0.60) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.55) by $0.05. The company’s revenue for the quarter was down 18.8% on a year-over-year basis. Analysts expect that Take-Two will post $0.16 EPS next quarter.
Several other analysts have also recently commented on the stock. Analysts at Brean Murray Carret & Co. reiterated a “hold” rating on shares of Take-Two in a research note to investors on Wednesday. Separately, 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. Finally, analysts at Ascendiant Capital Markets initiated coverage on shares of Take-Two in a research note to investors on Friday, March 16th. They set a “buy” rating and a $20.00 price target on the stock.
Take-Two Interactive Software, Inc. is a global publisher, developer and distributor of interactive entertainment software, hardware and accessories.