Spotlight on Upcoming Game Releases for Take-Two and Electronic Arts: Analyst
Portfolio Pulse from Anusuya Lahiri
Truist Securities analyst Matthew Thornton reiterated a Buy rating for Take-Two Interactive Inc (TTWO) with a $158 price target and Electronic Arts Inc (EA) with a lowered price target from $150 to $140. The analyst published updated models post mixed Q1 results for both companies. TTWO shares traded higher by 1.03% at $140.94 on the last check Wednesday.
August 16, 2023 | 7:03 pm
News sentiment analysis
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NEGATIVE IMPACT
Analyst maintains Buy rating for Electronic Arts Inc but lowers price target from $150 to $140.
While the Buy rating is maintained, the lowering of the price target could be seen as a negative signal for the stock. This could lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Analyst reiterates Buy rating for Take-Two Interactive Inc with a $158 price target. TTWO shares traded higher by 1.03% at $140.94.
The reiteration of a Buy rating and a price target above the current trading price is a positive signal for the stock. This could lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100