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Fly News Breaks for May 19, 2015
TTWO
May 19, 2015 | 09:40 EDT
As noted earlier, Sterne Agee CRT upgraded Take-Two to Buy from Neutral. The firm thinks the company's fiscal 2016 guidance is conservative, while its Red Dead game will prove to be a catalyst. The firm is also upbeat about the company's 10M share buyback program, and what it sees as the company's strong balance sheet and strong recurrent digital revenue. Target $32.
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