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Stock Market & Financial Investment News

News Breaks
January 31, 2013
11:17 EDTTTWOTake-Two weakness a buying opportunity, says Piper Jaffray
Piper Jaffray views the pullback in Take-Two shares on the later than expected launch timing of Grand Theft Auto V as a buying opportunity. The firm does not believe the September launch will have an overly material impact on demand. Piper keeps an Overweight rating on the stock.
News For TTWO From The Last 14 Days
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January 26, 2015
08:53 EDTTTWOTake-Two named a high conviction idea for 2015 at MKM Partners
MKM Partners named Take Two a high conviction idea for 2015. The firm is positive on Take Two's potential for FY15 EPS upside, growing cash balances, sustained long-term profitability and sizable share repurchases. The firm rates shares a Buy with a $35 price target, up from $30.
January 16, 2015
05:45 EDTTTWODecember NPD video game software sales dropped 2%, says Piper Jaffray
Piper Jaffray notes December NPD video game software sales fell 2% year-over-year, with the full quarter down 6% and 2014 down 13%. Piper attributes the declines to legacy weakness and a portion of sales shifting to full-game downloads. The firm expects software growth in 2015 and maintains Overweight ratings on Activision Blizzard (ATVI), Electronic Arts (EA), GameStop (GME) and Take-Two (TTWO).

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