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Fly News Breaks for February 8, 2017
TTWO
Feb 8, 2017 | 07:43 EDT
Baird analyst Colin Sebastian said Take-Two reported another solid quarter with most of the upside from Grand Theft Auto. The analyst noted GTA's strength exhibits the positive attributes of a recurring model. Despite the momentum, Sebastian believes the risk/reward remains balanced for Take-Two shares. Sebastian maintained his Neutral rating but raised his price target to $53 from $43 on Take-Two shares.