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Fly News Breaks for December 9, 2019
TTWO
Dec 9, 2019 | 09:53 EDT
Stephens analyst Jeff Cohen said Take-Two's announcement that a new game in the BioShock franchise is being developed by the newly formed "Cloud Chamber" studio gives some added clarity into the company's release slate, but he believes the company's statement that the game is still expected to be in development "for the next several years" could put pressure on the shares in the near-term. BioShock has been a game that many were hoping to see in the company's FY21 slate and investors will continue to be worried about what Take-Two's marquee frontline title will be in the next fiscal year, said Cohen. However, he keeps an Overweight rating and $145 price target on Take-Two shares.
News For TTWO From the Last 2 Days
TTWO
Mar 26, 2024 | 12:26 EDT
"Game On" is The Fly's weekly recap of the stories powering up or beating down video game stocks. NEW RELEASES: While... To see the rest of the story go to thefly.com. See Story Here