Take-Two Interactive Software (NASDAQ:TTWO) Upgraded at StockNews.com

StockNews.com upgraded shares of Take-Two Interactive Software (NASDAQ:TTWO) from a sell rating to a hold rating in a research note published on Tuesday.

Several other equities research analysts have also recently issued reports on the stock. Morgan Stanley dropped their target price on shares of Take-Two Interactive Software from $215.00 to $210.00 and set an “overweight” rating on the stock in a report on Thursday, April 17th. Oppenheimer lifted their price objective on Take-Two Interactive Software from $190.00 to $215.00 and gave the stock an “outperform” rating in a report on Tuesday, January 21st. Raymond James reiterated an “outperform” rating and set a $220.00 price objective (up previously from $190.00) on shares of Take-Two Interactive Software in a research report on Friday, February 7th. Moffett Nathanson raised their target price on Take-Two Interactive Software from $156.00 to $170.00 and gave the stock a “neutral” rating in a research report on Friday, February 7th. Finally, DA Davidson began coverage on Take-Two Interactive Software in a research note on Tuesday, February 18th. They set a “buy” rating and a $250.00 price target for the company. Two investment analysts have rated the stock with a hold rating, twenty have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $213.67.

Take-Two Interactive Software Price Performance

TTWO opened at $232.34 on Tuesday. The company’s 50-day simple moving average is $214.44 and its two-hundred day simple moving average is $197.92. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.83 and a current ratio of 0.83. The stock has a market capitalization of $41.01 billion, a P/E ratio of -10.89, a P/E/G ratio of 6.83 and a beta of 1.08. Take-Two Interactive Software has a 52-week low of $135.24 and a 52-week high of $238.00.

Institutional Trading of Take-Two Interactive Software

Several institutional investors and hedge funds have recently modified their holdings of the company. Park Square Financial Group LLC purchased a new stake in Take-Two Interactive Software in the 4th quarter worth $28,000. North Capital Inc. purchased a new position in shares of Take-Two Interactive Software in the first quarter valued at about $35,000. Assetmark Inc. boosted its stake in shares of Take-Two Interactive Software by 155.9% in the fourth quarter. Assetmark Inc. now owns 174 shares of the company’s stock worth $32,000 after acquiring an additional 106 shares during the period. Zions Bancorporation National Association UT purchased a new stake in shares of Take-Two Interactive Software during the first quarter worth about $37,000. Finally, Graybill Wealth Management LTD. bought a new stake in Take-Two Interactive Software during the 1st quarter valued at approximately $37,000. 95.46% of the stock is currently owned by institutional investors.

About Take-Two Interactive Software

Take-Two Interactive Software, Inc develops, publishes, and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the Grand Theft Auto, LA Noire, Max Payne, Midnight Club, and Red Dead Redemption names, as well as other franchises.