Take-Two was Upgraded to a Buy Rating at Wedbush


Wedbush analyst Michael Pachter upgraded Take-Two (NASDAQ: TTWO) to Buy today and set a price target of $126. The company’s shares closed on Friday at $98.63.

According to TipRanks.com, Pachter is ranked 0 out of 5 stars with an average return of -3.3% and a 48.0% success rate. Pachter covers the Services sector, focusing on stocks such as Cinemark Holdings Inc, AMC Entertainment, and Pandora Media.

Currently, the analyst consensus on Take-Two is Strong Buy and the average price target is $135.38, representing a 37.3% upside.

In a report issued on April 19, Morgan Stanley also maintained a Buy rating on the stock with a $140 price target.

See today’s analyst top recommended stocks >>

Take-Two’s market cap is currently $11.28B and has a P/E ratio of 60.51. The company has a book value ratio of 8.0495.

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Take-Two Interactive Software, Inc. is a developer, marketer and publisher of interactive entertainment for consumers around the globe. The company develops and publishes products through its two wholly-owned labels Rockstar Games and 2K.

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