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GFA has been a money spinner for them and the recurring is massive – great stock and software. Look forward to more earnings rips!
[quote=”Assistanc3″ post=624]Trump tells GTA cops they should rough people up more during arrests[/quote]
But he’s only joking 🙂
Nine analysts raised price targets on $TTWO following the better-than-expected fiscal first-quarter results including;
Jefferies reiterated its Buy rating and raised target price to $108 from $91.
Wedbush Securities maintained its Neutral rating kept its 12-month price target of $66.Friday BMO Capital Markets analyst Gerrick Johnson raised his price target on Take-Two Interactive Software $TTWO to 100 from 87 and reiterated his outperform rating on the stock.
Stifel raised $TTWO price target to $96 from $87.
From Their Note:
The key takeaway from this update, in our opinion, was the sustained momentum for the GTA V franchise, including a record quarter for GTA Online, the largest contributor to recurrent consumer spending (+71% year-over-year and; 58% of non-GAAP revenue). And based on the fiscal first quarter beat and traction for its titles, management made material upward adjustments to fiscal 2018 guidance, and continues to project record results in fiscal 2019.
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