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Fly News Breaks for May 14, 2019
TTWO
May 14, 2019 | 09:02 EDT
MKM Partners analyst Eric Handler kept his Buy rating and $115 price target on Take-Twoafter its Q4 results, saying that while the company's guidance was lower than he hoped, he expects the bulls to be satisfied by the management's FY19 guidance range that includes gross margin outlook of 58% - a record high and up from 51% last year. The analyst adds that Take-Two's R&D expenses are ramping to scale its development pipeline while its management is typically conservative at the start of the year.
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
