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Fly News Breaks for May 20, 2016
TTWO
May 20, 2016 | 07:16 EDT
After Take-Two reported stronger than expected Q4 results but its fiscal 2017 EPS guidance came in below expectations, Stifel says that the company's guidance is conservative and could mark a bottom for the current cycle. Moreover, the firm was encouraged by the company's commentary on fiscal 2018 and thinks the stock's set-up is "favorable",due to what it sees as the company's strong set of upcoming games. Sifel keeps a Buy rating on the shares.
News For TTWO From the Last 2 Days
