Baird Equity Research Reiterates Neutral Rating, $19 PT on Take-Two Interactive Software Following Massive First-Day Sales of Grand Theft Auto V - Take-Two Interactive (NASDAQ:TTWO)

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In a report published Thursday, Baird Equity Research analyst Colin Sebastian reiterated a Neutral rating and $19.00 price target on Take-Two Interactive Software (NASDAQ: TTWO).In the report, Baird Equity Research noted, “Take-Two disclosed that its blockbuster video game Grand Theft Auto V sold more than $800 million in retail sales in the first day following release, which we believe is the largest entertainment property launch in history. We note this contrasts to day-one sales of Call of Duty last year of $500 million.”Take-Two Interactive Software closed on Wednesday at $17.20.

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