Take-Two Interactive Software’s (TTWO) “Outperform” Rating Reaffirmed at Raymond James

Raymond James restated their outperform rating on shares of Take-Two Interactive Software (NASDAQ:TTWO) in a report published on Friday,Benzinga reports. Raymond James currently has a $250.00 price target on the stock, up from their previous price target of $240.00.

Several other equities research analysts have also issued reports on TTWO. Robert W. Baird raised their price target on shares of Take-Two Interactive Software from $210.00 to $230.00 and gave the stock an “outperform” rating in a research note on Friday. Ascendiant Capital Markets raised their price target on shares of Take-Two Interactive Software from $172.00 to $270.00 and gave the stock a “buy” rating in a research note on Monday, March 3rd. JPMorgan Chase & Co. lifted their price objective on shares of Take-Two Interactive Software from $225.00 to $250.00 and gave the company an “overweight” rating in a research note on Friday. Stifel Nicolaus lifted 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 note on Tuesday, January 21st. Finally, DA Davidson lifted 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 note on Friday. Two equities research 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 company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $225.48.

Take-Two Interactive Software Trading Down 2.4%

Shares of TTWO stock opened at $226.74 on Friday. The company has a 50 day moving average of $214.89 and a 200-day moving average of $198.86. 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 12-month low of $135.24 and a 12-month high of $240.78. The firm has a market cap of $40.02 billion, a P/E ratio of -10.63, a PEG ratio of 6.83 and a beta of 1.08.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Moody Lynn & Lieberson LLC boosted its holdings in Take-Two Interactive Software by 0.9% in the 1st quarter. Moody Lynn & Lieberson LLC now owns 5,066 shares of the company’s stock valued at $1,050,000 after purchasing an additional 45 shares during the period. Brooklyn Investment Group lifted its holdings in shares of Take-Two Interactive Software by 8.1% during the 1st quarter. Brooklyn Investment Group now owns 669 shares of the company’s stock worth $139,000 after acquiring an additional 50 shares during the last quarter. Adero Partners LLC lifted its holdings in shares of Take-Two Interactive Software by 2.9% during the 1st quarter. Adero Partners LLC now owns 1,784 shares of the company’s stock worth $370,000 after acquiring an additional 51 shares during the last quarter. First Horizon Advisors Inc. lifted its holdings in shares of Take-Two Interactive Software by 24.2% during the 4th quarter. First Horizon Advisors Inc. now owns 277 shares of the company’s stock worth $51,000 after acquiring an additional 54 shares during the last quarter. Finally, Fifth Third Bancorp lifted its holdings in shares of Take-Two Interactive Software by 0.3% during the 4th quarter. Fifth Third Bancorp now owns 17,148 shares of the company’s stock worth $3,157,000 after acquiring an additional 57 shares during the last quarter. 95.46% of the stock is owned by institutional investors.

Take-Two Interactive Software Company Profile

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.