Take-Two Stock Jumps After BMO Capital ‘Outperform’ Upgrade On $12.7 Billion Zynga Takeover

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The Street

By Martin Baccardax BMO Capital analyst Gerrick Johnson says Take-Two’s $12.7 billion takeover of Farmville maker Zynga will allow it to expand its key game offerings in the fast-growing mobile sector. Take-Two Interactive (TTWO) – Get Take-Two Interactive Software, Inc. Report shares jumped higher Wednesday after analysts at BMO Capital Markets boosted their rating on the stock following its planned takeover of Farmville maker Zynga (ZNGA) – Get Zynga Inc. Class A Report. BMO analyst Gerrick Johnson raised his rating on Take-Two to ‘outperform’, while holding his price target in place at $180…

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