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Fly News Breaks for June 4, 2019
TTWO
Jun 4, 2019 | 05:59 EDT
BMO Capital analyst Gerrick Johnson upgraded Take-Two Interactive to Market Perform from Underperform and raised his price target for the shares to $110 from $95. With the threat of an economic downturn, video game stocks will be increasingly seen as "safe havens for investors," Johnson tells investors in a research note. As a result, he expects the sector to receive an elevation of valuation multiples. Further, Take-Two has a "robust pipeline and remains a perceived target for acquisition," adds the analyst.
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