Take-Two Interactive Software, Inc. (NASDAQ:TTWO) had its price objective increased by Bank of America Corporation from $106.00 to $127.00 in a research note issued to investors on Wednesday morning. The firm currently has a buy rating on the stock.

A number of other brokerages also recently commented on TTWO. Benchmark Co. restated a buy rating and issued a $100.00 target price (up from $85.00) on shares of Take-Two Interactive Software in a research note on Thursday, August 3rd. Piper Jaffray Companies restated a buy rating and issued a $125.00 target price on shares of Take-Two Interactive Software in a research note on Wednesday. Credit Suisse Group reaffirmed a neutral rating and issued a $116.00 price target (up previously from $95.00) on shares of Take-Two Interactive Software in a research report on Wednesday. Stifel Nicolaus reaffirmed a buy rating and issued a $96.00 price target (up previously from $87.00) on shares of Take-Two Interactive Software in a research report on Thursday, August 3rd. Finally, Buckingham Research upped their price target on shares of Take-Two Interactive Software from $120.00 to $127.00 and gave the stock a buy rating in a research report on Wednesday. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the stock. Take-Two Interactive Software currently has a consensus rating of Buy and an average target price of $110.15.

Shares of Take-Two Interactive Software (NASDAQ:TTWO) traded up $0.52 during mid-day trading on Wednesday, reaching $115.68. 2,089,700 shares of the company’s stock were exchanged, compared to its average volume of 1,881,745. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.33 and a quick ratio of 1.43. The company has a market cap of $13,134.36, a P/E ratio of 44.98, a P/E/G ratio of 4.89 and a beta of 0.82. Take-Two Interactive Software has a twelve month low of $46.05 and a twelve month high of $120.62.

ILLEGAL ACTIVITY NOTICE: This piece was published by Watch List News and is owned by of Watch List News. If you are viewing this piece on another site, it was stolen and republished in violation of US & international copyright and trademark law. The original version of this piece can be read at https://www.watchlistnews.com/bank-of-america-corporation-raises-take-two-interactive-software-inc-ttwo-price-target-to-127-00/1696248.html.

In other Take-Two Interactive Software news, Director Michael Sheresky sold 465 shares of the firm’s stock in a transaction on Monday, August 14th. The shares were sold at an average price of $89.96, for a total value of $41,831.40. Following the completion of the transaction, the director now owns 69,006 shares of the company’s stock, valued at $6,207,779.76. The transaction was disclosed in a filing with the SEC, which is available at this link. Company insiders own 1.55% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Dupont Capital Management Corp purchased a new position in shares of Take-Two Interactive Software in the third quarter worth $102,000. Smithfield Trust Co. purchased a new position in shares of Take-Two Interactive Software in the second quarter worth $125,000. Bronfman E.L. Rothschild L.P. raised its holdings in shares of Take-Two Interactive Software by 1,088.9% in the third quarter. Bronfman E.L. Rothschild L.P. now owns 1,712 shares of the company’s stock worth $175,000 after buying an additional 1,568 shares during the last quarter. Crow Point Partners LLC raised its holdings in shares of Take-Two Interactive Software by 63.4% in the second quarter. Crow Point Partners LLC now owns 1,775 shares of the company’s stock worth $129,000 after buying an additional 689 shares during the last quarter. Finally, Fortaleza Asset Management Inc. purchased a new position in shares of Take-Two Interactive Software in the second quarter worth $134,000. 97.39% of the stock is owned by institutional investors and hedge funds.

Take-Two Interactive Software Company Profile

Take-Two Interactive Software, Inc is a developer, publisher and marketer of entertainment for consumers around the world. The Company develops and publishes products through its labels, Rockstar Games and 2K. It operates through publishing segment. It has a portfolio of software content for the hardware platforms in a range of genres, including action, adventure, family/casual, racing, role-playing, shooter, sports and strategy, which it distributes across the world.

Analyst Recommendations for Take-Two Interactive Software (NASDAQ:TTWO)

Receive News & Ratings for Take-Two Interactive Software Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Take-Two Interactive Software Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.