After Robert W. Baird and Ascendiant gave Take-Two (NASDAQ: TTWO) a Buy rating last month, the company received another Buy, this time from Wells Fargo. Analyst Brian Fitzgerald maintained a Buy rating on Take-Two today and set a price target of $225.00. The company’s shares closed last Monday at $175.10.
According to TipRanks.com, Fitzgerald is a top 100 analyst with an average return of 29.0% and a 66.1% success rate. Fitzgerald covers the Technology sector, focusing on stocks such as Integral Ad Science, LiveRamp Holdings, and Alphabet Class A.
Take-Two has an analyst consensus of Strong Buy, with a price target consensus of $204.79, a 17.0% upside from current levels. In a report issued on February 4, Jefferies also maintained a Buy rating on the stock with a $231.00 price target.
Based on Take-Two’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $858 million and net profit of $10.3 million. In comparison, last year the company earned revenue of $841 million and had a net profit of $99.32 million.
Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TTWO in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Take-Two Interactive Software, Inc. engages in the development, publishing, and marketing of interactive software games. Its products are designed for console systems, handheld gaming systems, and personal computers including smart phones and tablets; and are delivered through physical retail, digital download, online platforms, and cloud streaming services. It operates through the following geographical segments: United States, Europe, Asia Pacific, and Canada and Latin America. The company was founded by Ryan A. Brant in 1993 and is headquartered in New York, NY.
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