Take-Two Interactive Software (NASDAQ:TTWO) Price Target Raised to $270.00

Take-Two Interactive Software (NASDAQ:TTWO - Free Report) had its target price boosted by Ascendiant Capital Markets from $172.00 to $270.00 in a research note published on Monday morning, Marketbeat.com reports. They currently have a buy rating on the stock.

Several other research firms have also recently weighed in on TTWO. Wedbush reaffirmed an "outperform" rating and set a $215.00 target price on shares of Take-Two Interactive Software in a research note on Friday, February 7th. Robert W. Baird boosted their price objective on shares of Take-Two Interactive Software from $172.00 to $181.00 and gave the company an "outperform" rating in a research report on Thursday, November 7th. JPMorgan Chase & Co. upped their price objective on shares of Take-Two Interactive Software from $195.00 to $225.00 and gave the company an "overweight" rating in a research note on Wednesday, December 18th. Raymond James reissued an "outperform" rating and set a $220.00 target price (up previously from $190.00) on shares of Take-Two Interactive Software in a research note on Friday, February 7th. Finally, Oppenheimer upped their price target on shares of Take-Two Interactive Software from $190.00 to $215.00 and gave the stock an "outperform" rating in a research note on Tuesday, January 21st. One investment analyst has rated the stock with a sell rating, one has given a hold rating, twenty have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $213.38.

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Take-Two Interactive Software Stock Down 3.2 %

Shares of Take-Two Interactive Software stock traded down $6.94 during midday trading on Monday, hitting $207.87. The company's stock had a trading volume of 2,273,058 shares, compared to its average volume of 1,793,291. Take-Two Interactive Software has a 1-year low of $135.24 and a 1-year high of $218.75. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $36.69 billion, a P/E ratio of -9.75, a PEG ratio of 6.83 and a beta of 0.89. The stock has a 50-day simple moving average of $194.80 and a 200-day simple moving average of $176.81.

Hedge Funds Weigh In On Take-Two Interactive Software

A number of institutional investors have recently made changes to their positions in the business. US Bancorp DE increased its position in Take-Two Interactive Software by 4.4% in the 3rd quarter. US Bancorp DE now owns 33,389 shares of the company's stock worth $5,132,000 after buying an additional 1,394 shares during the period. Stephens Inc. AR increased its position in Take-Two Interactive Software by 5.0% during the third quarter. Stephens Inc. AR now owns 4,937 shares of the company's stock worth $759,000 after acquiring an additional 236 shares during the period. Asset Management One Co. Ltd. raised its stake in Take-Two Interactive Software by 10.9% during the 3rd quarter. Asset Management One Co. Ltd. now owns 65,941 shares of the company's stock valued at $10,136,000 after purchasing an additional 6,476 shares during the last quarter. QRG Capital Management Inc. boosted its holdings in Take-Two Interactive Software by 6.0% in the 3rd quarter. QRG Capital Management Inc. now owns 18,177 shares of the company's stock valued at $2,794,000 after purchasing an additional 1,032 shares during the period. Finally, Catalyst Capital Advisors LLC boosted its holdings in Take-Two Interactive Software by 69.3% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 281 shares of the company's stock valued at $43,000 after purchasing an additional 115 shares during the period. 95.46% of the stock is currently 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.