Take-Two Interactive Software, Inc. (NASDAQ:TTWO) has recently seen an increase in investments from several firms including Epoch Investment Partners, O Shaughnessy Asset Management, Capital International Sarl, and Intech Investment Management. However, there have been reductions in stake by entities like Toronto Dominion Bank, Orion Portfolio Solutions, and Sequoia Financial Advisors. The company's undervaluation of 36% has created speculation about a potential investment opportunity. The company had inconsistent performance, with stock underperforming the market some days, and outperforming on others. The delayed release of 'Grand Theft Auto 6' impacted the company's guidance for the coming year. Company's Q4 2024 earnings report showed mixed figures, with some analysts slashing revenue estimates. TTWO's decision to cut 5% staff was part of a cost reduction plan. The company's price target was raised to $185.00 by Morgan Stanley and Jefferies Financial Group. The announcement of TTWO's acquisition of The Gearbox Entertainment Company, amidst its strategic earnings results, experienced mixed reactions.
Take-Two Interactive Software TTWO News Analytics from Fri, 03 Nov 2023 07:00:00 GMT to Sun, 28 Jul 2024 18:48:10 GMT -
Rating -2
- Innovation 4
- Information 8
- Rumor -6
