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Fly News Breaks for May 22, 2017
TTWO
May 22, 2017 | 19:09 EDT
Piper Jaffray analyst Michael Olson believes Take-Two Interactive's delay of Red Dead Redemption 2 from Fall 2017 to Spring 2018 is not a material issue. While the delay will likely hurt FY18 guidance, it will not impact overall sales of the game, Olson tells investors in a research note. He expects Take-Two's initial FY18 guidance tomorrow to miss consensus, which he notes is consistent with the company's guidance practices. The analyst keeps an Overweight rating on the shares with a $77 price target.
News For TTWO From the Last 2 Days
TTWO
Apr 24, 2024 | 13:19 EDT
"Game On" is The Fly's weekly recap of the stories powering up or beating down video game stocks. NEW RELEASES: This... To see the rest of the story go to thefly.com. See Story Here
