Money in Gaming – Take Two Interactive $TTWO Rips 11% on Raised Guidance

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  • #10891
    Super Harley
    Participant

    [article]111[/article]

    #10892
    ClemSnide
    Participant

    GFA has been a money spinner for them and the recurring is massive – great stock and software. Look forward to more earnings rips!

    #10895
    Assistanc3
    Participant

    #10896
    Super Harley
    Participant

    Love the chart with GTA arrest – MEGA

    #10897
    ClemSnide
    Participant

    man that is cool – why cant all charts be cool?

    #10899
    Assistanc3
    Participant

    Trump tells GTA cops they should rough people up more during arrests

    #10900
    ThePitBoss
    Participant

    [quote=”Assistanc3″ post=624]Trump tells GTA cops they should rough people up more during arrests[/quote]

    But he’s only joking 🙂

    #10939
    Super Harley
    Participant

    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.

    #10940
    Super Harley
    Participant

    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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