Take-Two Interactive Software has been on a dynamic ride with its shares fluctuating both ways. Envestnet Portfolio Solutions Inc. decreased their shares while Illinois Municipal Retirement Fund increased their stock position. Various major financial groups are engaged with Take-Two. TimesSquare Capital Management LLC sold a considerable number of their shares while Norden Group LLC and Fidelis Capital Partners LLC increased theirs. Jefferies Financial Group set a new price target and subsequently increased it to $185.00. Analysts have lowered expectations after the latest results, and a 5% staff cut was announced as part of cost reduction. Take-Two’s low guidance for the year ahead after the delay of 'Grand Theft Auto 6' also suggests uncertain times. Despite mixed results, the media and analysts remain optimistic about future outcomes. Take-Two Interactive Software stands at a moderate buy according to most ratings from analysts. The company strategically proceeded with the acquisition of Gearbox Entertainment, enlarging their portfolio of popular games, and promising significant growth ahead.
Take-Two Interactive Software TTWO News Analytics from Fri, 03 Nov 2023 07:00:00 GMT to Sun, 14 Jul 2024 16:44:03 GMT -
Rating 3
- Innovation -3
- Information 7
- Rumor -2
