Take-Two Interactive (TTWO) closed the most recent trading day at $205.18, moving 2.01% from the previous trading session.
Jefferies has reiterated its "buy" rating on Take-Two Interactive Software Inc (NASDAQ:TTWO), the video game publisher behind Grand Theft Auto, arguing that its shares could reach $300 as investors underestimate the potential of Grand Theft Auto VI. The broker views the shares as attractive around $200, near their year-to-date lows, with a valuation of 20 times $12 in earnings per share for the year and a potential 50% upside to its price target.
Take-Two Interactive (TTWO) has a major catalyst approaching, with its highly anticipated Grand Theft Auto VI (GTA 6) scheduled for release near mid-November.
| Electronic Equipment, Instruments & Components Industry | Information Technology Sector | Strauss H. Zelnick CEO | XMIL Exchange | US8740541094 ISIN |
| US Country | 12,909 Employees | - Last Dividend | 12 Apr 2005 Last Split | 15 Apr 1997 IPO Date |
Take-Two Interactive Software, Inc., based in New York, New York, is a pioneer in the interactive entertainment industry, developing, publishing, and marketing innovative solutions for consumers globally. The company boasts a portfolio of distinct brands such as Rockstar Games, 2K, Private Division, and Zynga, delivering compelling action/adventure, shooter, action, role-playing, strategy, sports, and family/casual entertainment across console gaming systems, personal computers, and mobile devices including smartphones and tablets. Through a mix of physical retail, digital download, online platforms, and cloud streaming services, Take-Two reaches a diverse audience, ensuring accessibility to its wide range of products. Founded in 1993, Take-Two Interactive Software has continually adapted to the evolving landscape of interactive entertainment, maintaining its position as a key player in the global market.
Take-Two Interactive Software, Inc. offers an extensive array of products and services across various gaming and entertainment platforms:
Each product and service is carefully developed and published to meet consumer demands for quality entertainment across all gaming platforms, demonstrating Take-Two Interactive's commitment to excellence and innovation in the interactive entertainment industry.