Wedbush Sticks to Its Buy Rating for Take-Two (TTWO)
In a report released today, from Wedbush maintained a Buy rating on Take-Two, with a price target of $300.00.
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Currently, the analyst consensus on Take-Two is a Strong Buy with an average price target of $288.64.
Based on Take-Two’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.77 billion and a GAAP net loss of $133.9 million. In comparison, last year the company earned a revenue of $1.35 billion and had a GAAP net loss of $365.5 million
Based on the recent corporate insider activity of 80 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TTWO in relation to earlier this year.
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