Reaffirmed: Take-Two (NASDAQ:TTWO) “Buy” Rating Reiterated by Piper Jaffray; $130.0000 Target in Place

May 18, 2018 - By Jeanette Kaplan

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Logo

Investors sentiment increased to 1.27 in 2017 Q4. Its up 0.09, from 1.18 in 2017Q3. It increased, as 45 investors sold Take-Two Interactive Software, Inc. shares while 123 reduced holdings. 93 funds opened positions while 120 raised stakes. 98.01 million shares or 2.20% less from 100.22 million shares in 2017Q3 were reported.

Shamrock Asset Ltd invested in 188 shares. Fin Architects reported 1,419 shares. Fjarde Ap stated it has 36,997 shares. Voya Inv Limited Liability Corporation reported 57,113 shares stake. Texas Yale holds 8,300 shares or 0.08% of its portfolio. Natixis holds 93,095 shares or 0.08% of its portfolio. Moreover, Benjamin F Edwards And Co Inc has 0.01% invested in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) for 500 shares. Wellington Grp Llp holds 0% in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) or 165,203 shares. Bluemountain Mgmt Limited owns 58,256 shares for 0.13% of their portfolio. United Financial Advisers Ltd Llc holds 0% of its portfolio in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) for 1,945 shares. Moreover, Connor Clark Lunn Inv Mgmt Ltd has 0% invested in Take-Two Interactive Software, Inc. (NASDAQ:TTWO) for 5,000 shares. Calamos Ltd Liability Com owns 30,165 shares. Profund Advisors Ltd Liability Corporation holds 0.08% or 19,157 shares in its portfolio. Gilder Gagnon Howe And Ltd Liability invested 0.62% in Take-Two Interactive Software, Inc. (NASDAQ:TTWO). Texas-based Service Automobile Association has invested 0.01% in Take-Two Interactive Software, Inc. (NASDAQ:TTWO).

Since February 15, 2018, it had 0 insider purchases, and 3 sales for $48.28 million activity. 252,197 shares were sold by Slatoff Karl, worth $24.12 million. ZELNICK STRAUSS had sold 252,197 shares worth $24.12M.

Take-Two (NASDAQ:TTWO) Rating Reaffirmed

In a report sent to clients and investors on 17 May, The “Buy” rating of Take-Two (NASDAQ:TTWO) shares was reaffirmed by Analysts at Piper Jaffray, who now has a $130.0000 price target on the stock. Piper Jaffray’s price target would suggest a possible upside of 14.16 % from the last close price of the company.

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Ratings Coverage

Among 10 analysts covering Take-Two (NASDAQ:TTWO), 8 have Buy rating, 0 Sell and 2 Hold. Therefore 80% are positive. Take-Two has $150 highest and $12700 lowest target. $134.75’s average target is 18.33% above currents $113.88 stock price. Take-Two had 13 analyst reports since December 18, 2017 according to SRatingsIntel. The firm earned “Neutral” rating on Friday, February 9 by Hilliard Lyons. Barclays Capital maintained Take-Two Interactive Software, Inc. (NASDAQ:TTWO) rating on Thursday, February 8. Barclays Capital has “Overweight” rating and $128 target. Piper Jaffray maintained Take-Two Interactive Software, Inc. (NASDAQ:TTWO) rating on Friday, April 6. Piper Jaffray has “Buy” rating and $12700 target. The company was upgraded on Monday, April 30 by Wedbush. As per Thursday, February 8, the company rating was maintained by Robert W. Baird. The stock of Take-Two Interactive Software, Inc. (NASDAQ:TTWO) earned “Buy” rating by BTIG Research on Monday, December 18. The firm has “Overweight” rating by Morgan Stanley given on Thursday, February 8. The stock has “Buy” rating by Stifel Nicolaus on Monday, April 30. The firm has “Overweight” rating by Morgan Stanley given on Thursday, April 19. The rating was maintained by Piper Jaffray on Thursday, February 8 with “Buy”.

The stock increased 0.72% or $0.81 during the last trading session, reaching $113.88. About 5.93 million shares traded or 111.89% up from the average. Take-Two Interactive Software, Inc. (NASDAQ:TTWO) has risen 67.39% since May 18, 2017 and is uptrending. It has outperformed by 55.84% the S&P500.

Take-Two Interactive Software, Inc. develops, publishes, and markets interactive entertainment solutions for clients worldwide. The company has market cap of $13.02 billion. The firm offers its products under the Rockstar Games and 2K labels. It has a 69.87 P/E ratio. It develops and publishes action/adventure products under the Grand Theft Auto, Max Payne, Midnight Club, and Red Dead names through developing sequels; offering downloadable episodes, and content and virtual currency; and releasing titles for smartphones and tablets.

More notable recent Take-Two Interactive Software, Inc. (NASDAQ:TTWO) news were published by: Benzinga.com which released: “Earnings Scheduled For May 16, 2018” on May 16, 2018, also Investorplace.com with their article: “3 Pros, 3 Cons for Buying Take-Two Interactive Software” published on May 11, 2018, Nasdaq.com published: “Is Take-Two Interactive Having a “Fortnite” Crisis?” on May 16, 2018. More interesting news about Take-Two Interactive Software, Inc. (NASDAQ:TTWO) were released by: Fool.com and their article: “Digital Revenue Will Be in the Spotlight When Take-Two Interactive Reports Earnings” published on May 13, 2018 as well as Businesswire.com‘s news article titled: “Take-Two Interactive Software, Inc. Reports Strong Results for Fiscal Year 2018” with publication date: May 16, 2018.

Take-Two Interactive Software, Inc. (NASDAQ:TTWO) Institutional Positions Chart

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