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Raymond James Maintains Take-Two Interactive Software(TTWO.US) With Buy Rating, Raises Target Price to $190

Moomoo News ·  Nov 9 16:31  · Ratings

Raymond James analyst Andrew Marok maintains $Take-Two Interactive Software (TTWO.US)$ with a buy rating, and adjusts the target price from $170 to $190.

According to TipRanks data, the analyst has a success rate of 57.8% and a total average return of 8.6% over the past year.

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

  • Take-Two's fiscal Q2 net bookings reached $1.48B, sitting at the upper end of guidance and surpassing both projections from the industry and an average estimate of $1.45B. The company's core franchises notably excelled, contributing significantly to the overall strong performance.

  • Take-Two's Q2 results were robust, outperforming with bookings slightly above and EPS significantly surpassing expectations. The company's attention continues to center on the performance of GTA and its developmental pipeline.

  • Take-Two's reported Q2:F25 bookings were observed at the upper range of the provided guidance. The company's bookings outlook for FY25 remains consistent with previous forecasts, and the directional bookings projections for FY26-27 have been maintained.

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
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