TD Cowen Raises Take-Two Interactive Software (NASDAQ:TTWO) Price Target to $211.00

Take-Two Interactive Software (NASDAQ:TTWO) had its price objective hoisted by stock analysts at TD Cowen from $176.00 to $211.00 in a report issued on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. TD Cowen’s target price indicates a potential upside of 12.14% from the company’s current price.

TTWO has been the topic of a number of other reports. Hsbc Global Res upgraded shares of Take-Two Interactive Software from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 12th. Oppenheimer raised their price target on shares of Take-Two Interactive Software from $185.00 to $190.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Robert W. Baird raised their price target on shares of Take-Two Interactive Software from $172.00 to $181.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Stifel Nicolaus raised their price target on shares of Take-Two Interactive Software from $175.00 to $191.00 and gave the company a “buy” rating in a research note on Thursday, September 5th. Finally, BMO Capital Markets raised their price target on shares of Take-Two Interactive Software from $185.00 to $190.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Two analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, Take-Two Interactive Software currently has a consensus rating of “Moderate Buy” and an average target price of $191.75.

Take-Two Interactive Software Price Performance

NASDAQ:TTWO opened at $188.15 on Friday. Take-Two Interactive Software has a 52 week low of $135.24 and a 52 week high of $188.45. The firm has a market cap of $33.04 billion, a price-to-earnings ratio of -8.89, a P/E/G ratio of 5.62 and a beta of 0.85. The firm’s 50-day simple moving average is $162.18 and its 200 day simple moving average is $156.48. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.85 and a current ratio of 0.85.

Insiders Place Their Bets

In other news, Director Laverne Evans Srinivasan sold 2,000 shares of Take-Two Interactive Software stock in a transaction on Friday, November 8th. The shares were sold at an average price of $179.17, for a total value of $358,340.00. Following the completion of the sale, the director now owns 9,692 shares in the company, valued at $1,736,515.64. The trade was a 17.11 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 1.45% of the company’s stock.

Institutional Investors Weigh In On Take-Two Interactive Software

A number of institutional investors and hedge funds have recently made changes to their positions in TTWO. Hartford Investment Management Co. grew its holdings in Take-Two Interactive Software by 0.7% during the third quarter. Hartford Investment Management Co. now owns 10,255 shares of the company’s stock worth $1,576,000 after buying an additional 74 shares in the last quarter. Huntington National Bank grew its holdings in Take-Two Interactive Software by 9.3% during the third quarter. Huntington National Bank now owns 896 shares of the company’s stock worth $138,000 after buying an additional 76 shares in the last quarter. Chicago Capital LLC grew its holdings in Take-Two Interactive Software by 2.9% during the third quarter. Chicago Capital LLC now owns 2,983 shares of the company’s stock worth $459,000 after buying an additional 85 shares in the last quarter. Studio Investment Management LLC grew its holdings in Take-Two Interactive Software by 3.9% during the third quarter. Studio Investment Management LLC now owns 2,303 shares of the company’s stock worth $354,000 after buying an additional 86 shares in the last quarter. Finally, Massmutual Trust Co. FSB ADV grew its holdings in Take-Two Interactive Software by 15.3% during the second quarter. Massmutual Trust Co. FSB ADV now owns 685 shares of the company’s stock worth $107,000 after buying an additional 91 shares in the last quarter. Institutional investors and hedge funds own 95.46% of the company’s stock.

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.