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Take-Two Interactive (TTWO +3.8%) has jumped after being upgraded to Overweight by Piper. Its PT...

Take-Two Interactive (TTWO +3.8%) has jumped after being upgraded to Overweight by Piper. Its PT is raised to $18 from $12. Though near-term business conditions are bleak, Take-Two shares have slowly rallied since August on hopes the arrival of Grand Theft Auto V and Bioshock Infinite will drive a 2013 rebound.
Comments (1)
  • smbeasy
    , contributor
    Comments (2) | Send Message
     
    TTWO has seen little price movement lately. The company still has great IP and employee talent value, which it clearly invests heavily in. The question is: will GTA5 be released on the same old consoles or will Microsoft and Sony invigorate the gaming experience with newer generations? I expect that new console generations may increase demand and draw in dedicated gamers, helping GTA5 sales.
    12 Dec 2012, 11:34 AM Reply Like
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