Take-Two Interactive Software (TTWO) has been a topic of significant discussion amongst brokers, with a general consensus of a moderate buy recommendation. This follows the sale of 77,577 shares by Northern Trust Corp, raising concerns about the stock's potential. However, Take-Two has boosted its gaming portfolio, indicating a positive growth trajectory. Investors showed mixed reactions to the announcement of the delay in the release of 'Grand Theft Auto 6'. Furthermore, Q4 2024 earnings came under scrutiny, with certain key numbers making the rounds. Meanwhile, American International Group, First Trust Advisors, and KBC Group added to their positions, reflecting potential confidence in the stock. Take-Two's shares suffered a decline as a result of lowered expectations due to Q4 2024 results, in addition to discussions around Insider Selling. On a brighter note, Take-Two's stock rallied with favourable market conditions on certain days. The company also announced a PT increase to $200 by JPMorgan Chase. Unfortunately, this was offset by a 5% staffing cut amid a cost reduction plan. Additionally, there have been adjustments in holdings by several other companies and ongoing debate about Take-Two's financials.
Take-Two Interactive Software TTWO News Analytics from Fri, 03 Nov 2023 07:00:00 GMT to Sun, 09 Jun 2024 17:46:31 GMT -
Rating 2
- Innovation -1
- Information 3
- Rumor -3
