Wedbush analyst Nick McKay assumed coverage of Take-Two with an Outperform rating and $140 price target. The firm has a modestly cautious view into Q3 results for issues that are largely beyond Take-Two’s control and generally not exclusive to the company, and Wedbush views the current set of headaches as largely transitory, and remain believers in the long-term potential of the company, the analyst tells investors in a research note.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on TTWO:
- 2 “Strong Buy” Video Game Stocks to Level Up in 2023
- Sony announces additional games coming to PlayStation VR2
- Video game sales fell 13% y/y in Europe in December, GI.biz says
- Take-Two price target lowered to $125 from $139 at Benchmark
- U.S. video game consumer spending rose 2% y/y in December, says NPD