Take-Two Continues to Benefit From Expanded Portfolio; Raising Moat Rating to Narrow and FVE to $79
We are raising our moat rating for Take-Two to narrow from none and raising our fair value estimate to $79 from $60 due to our expectations that Take-Two will now deliver excess returns on capital for a longer period of time than previously anticipated. Our new narrow moat rating stems from intangible assets from its brands and a combination of patents and proprietary technology. While Take-Two finished outside the top 10 for video game publishers by revenue in both 2015 and 2016, the firm has e...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.