Analyst Bryan Kraft from Deutsche Bank studied Take-Two‘s latest financial report and stated that the company’s shares lack a “material catalyst” for growth.

Kraft valued Take-Two shares at $160 apiece, which is $40 less than the previous estimate. Note that now you can buy one share of the publisher for $ 130.95.

The analyst also changed the recommendation from “sell” to “hold” Take-Two shares.


Seeking Alpha