Share:
Video game company Take Two Interactive saw strong bookings growth in the fourth quarter from its key franchises.
Analysts see a strong pipeline ahead and said conservative guidance from the company could point to upside ahead.
The Take-Two Analysts: Raymond James analyst Andrew Marok has a Market Perform rating on
Take-Two Interactive Software Inc (NASDAQ: TTWO).
Barclays analyst Mario Lu has an Overweight rating and $230 price target.
Morgan Stanley analyst Brian Nowak has an Overweight rating and $215 price target.
Take-Two Q4 Highlights: Take-Two reported bookings and earnings per share Tuesday that were ahead of Street estimates for the fourth quarter. Strength came from the company’s NBA2K and Grand Theft Auto franchises.
Progressive, Iovance fall; Target, Take-Two rise
sfgate.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sfgate.com Daily Mail and Mail on Sunday newspapers.
Take-Two beats quarterly sales and profit estimates; shares up
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Dow ends down more than 250 points after late-session dive
The Dow ended Tuesday down 268 points, 0.8%, at 34,069
4:11pm: Amazon, other big tech stocks flip from green to red
The Dow ended Tuesday down 268 points, 0.8%, at 34,069 after a late session sell-off. After spending most of the day in positive territory, the Nasdaq closed 75 points lower, a 0.6% drop, at 13,304, and the S&P 500 declined 35 points, 0.9%, to 4,128.
Tech titans led the Nasdaq s late swoon, including Amazon.com Inc (NASDAQ:AMZN) shares of which went from up 1.2% at $3,312 to finish down 1.2% at $3,232.28.
12:20pm: Home Depot and Walmart sales indicative of consumer spending increases
The Dow was down 94 points, 0.3%, to 34,233 at midday, while the Nasdaq gained 59 points, 0.5%, to 13,438. The S&P 500 shed 6 points, 0.1%, to 4,158.