share_log

A Quick Look at Today's Ratings for Take-Two Interactive Software(TTWO.US), With a Forecast Between $175 to $210

Moomoo News ·  Nov 8 08:00  · Ratings

On Nov 08, major Wall Street analysts update their ratings for $Take-Two Interactive Software (TTWO.US)$, with price targets ranging from $175 to $210.

Morgan Stanley analyst Matthew Cost maintains with a buy rating, and adjusts the target price from $185 to $200.

BofA Securities analyst Omar Dessouky maintains with a buy rating, and sets the target price at $200.

UBS analyst John Hodulik maintains with a hold rating, and adjusts the target price from $151 to $175.

Deutsche Bank analyst Benjamin Soff maintains with a buy rating, and adjusts the target price from $180 to $190.

Jefferies analyst James Heaney CFA maintains with a buy rating, and adjusts the target price from $185 to $195.

Furthermore, according to the comprehensive report, the opinions of $Take-Two Interactive Software (TTWO.US)$'s main analysts recently are as follows:

  • After reporting fiscal Q2 net bookings at $1.48B, which was at the upper range of their guidance and surpassed the forecasts, there was a notable mention of the strength across the board, especially the strong performance of their core franchises.

  • Take-Two's Q2 results exceeded expectations, with bookings slightly surpassing and EPS significantly outperforming estimates. The continued attention is on the company's Grand Theft Auto franchise and its forthcoming pipeline.

  • Take-Two's Q2 Net Bookings surpassed consensus estimates by 1.4%, bolstered by strong performances in GTA/Borderlands. The company's adjusted operating income also exceeded expectations, influenced by a deferment in marketing expenses. The positive outlook for Take-Two is sustained by anticipation for the GTA VI launch, alongside a robust lineup of upcoming releases and the company's growing presence in the mobile gaming market.

  • Take-Two's Q2:F25 bookings were reported at the upper end of the anticipated range. The projections for FY25 bookings remain unchanged, as does the directional guidance for bookings in the FY26-27 period.

Here are the latest investment ratings and price targets for $Take-Two Interactive Software (TTWO.US)$ from 12 analysts:

StockTodayLatestRating_mm_201378_20241108_en

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment