Take-Two Interactive Software (NASDAQ:TTWO) Price Target Raised to $250.00

Take-Two Interactive Software (NASDAQ:TTWO) had its target price hoisted by Benchmark from $225.00 to $250.00 in a report issued on Friday morning,Benzinga reports. Benchmark currently has a buy rating on the stock.

Other equities analysts have also issued research reports about the company. The Goldman Sachs Group raised their price target on Take-Two Interactive Software from $205.00 to $230.00 and gave the stock a “buy” rating in a report on Friday, February 7th. DA Davidson raised their price objective on shares of Take-Two Interactive Software from $250.00 to $270.00 and gave the company a “buy” rating in a research report on Friday. Oppenheimer raised their price objective on shares of Take-Two Interactive Software from $190.00 to $215.00 and gave the company an “outperform” rating in a research report on Tuesday, January 21st. Stifel Nicolaus raised their price objective on shares of Take-Two Interactive Software from $220.00 to $223.00 and gave the company a “buy” rating in a research report on Tuesday, January 21st. Finally, Morgan Stanley reduced their price objective on shares of Take-Two Interactive Software from $215.00 to $210.00 and set an “overweight” rating for the company in a research report on Thursday, April 17th. Two investment analysts have rated the stock with a hold rating, twenty have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $225.48.

Take-Two Interactive Software Stock Performance

NASDAQ TTWO opened at $226.74 on Friday. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.54. Take-Two Interactive Software has a 52-week low of $135.24 and a 52-week high of $240.78. The business’s 50-day moving average price is $214.89 and its 200 day moving average price is $198.86. The firm has a market cap of $40.02 billion, a P/E ratio of -10.63, a P/E/G ratio of 6.83 and a beta of 1.08.

Institutional Investors Weigh In On Take-Two Interactive Software

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Park Square Financial Group LLC acquired a new position in shares of Take-Two Interactive Software during the 4th quarter worth approximately $28,000. 1 North Wealth Services LLC acquired a new position in shares of Take-Two Interactive Software during the 1st quarter worth approximately $29,000. Assetmark Inc. raised its position in shares of Take-Two Interactive Software by 155.9% during the 4th quarter. Assetmark Inc. now owns 174 shares of the company’s stock worth $32,000 after purchasing an additional 106 shares during the last quarter. North Capital Inc. acquired a new position in shares of Take-Two Interactive Software during the 1st quarter worth approximately $35,000. Finally, Graybill Wealth Management LTD. acquired a new position in shares of Take-Two Interactive Software during the 1st quarter worth approximately $37,000. 95.46% of the stock is currently owned by institutional investors and hedge funds.

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.