Roth MKM analyst Eric Handler raised the firm’s price target on Take-Two to $185 from $168 and keeps a Buy rating on the shares. The stock fell about 10% afterhours following the company’s Q3 results, but title delays are a “all too familiar” occurrence in the video game industry, while the quality of the company’s upcoming games releases remains high, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on TTWO: