Take-Two Interactive Scores Another Win
Video games have never been more popular, and Take-Two Interactive Software (NASDAQ: TTWO) has taken full advantage of the rise in interest in gaming to build its business. The company behind the Grand Theft Auto series of games has delivered big returns to shareholders, and even though some have grown skeptical of just how large Take-Two can grow, the pace of its expansion of revenue and profit has shown few signs of slowing down in the near future.
Coming into Tuesday's fiscal second-quarter financial report, Take-Two investors had high hopes that the game maker would be able to sustain its momentum and deliver another strong quarter. As we've seen at times in recent quarters, the extent of Take-Two's sales growth surprised even the most optimistic of investors, and the company believes that its efforts will remain successful well into the future. Let's take a closer look at Take-Two Interactive Software and what its latest performance says about its prospects.
Image source: Take-Two.
Source: Fool.com
Take-Two Interactive Stock
With 42 Buy predictions and not a single Sell prediction Take-Two Interactive is an absolute favorite of our community.
As a result the target price of 170 € shows a positive potential of 27.42% compared to the current price of 133.42 € for Take-Two Interactive.
