Take-Two stock gets upgraded

Via Gamespot:

"Take-Two Interactive is all over the news today. First the publisher announced its entry into the boxing genre with Don King Presents: Prizefighter, then it won an appeal in the British courts to overturn a ban on Manhunt 2. Now one analyst is changing his opinion of the company's stock.

"Pacific Crest Securities' Evan Wilson today changed his assessment of Take-Two stock from "Sector Perform" to "Outperform," which indicates his belief that the publisher will outpace the general gaming industry for the next 12 months. However, this is a reflection both of Wilson's expectations for Grand Theft Auto IV, as well as a general slowdown in the growth pace of the industry at large."

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jaja14343786d ago

Enh, doesn't give the %rate. I only ask because unless its at least a 7-10% rise, its not very new worthy. At least in the stock market world.