UPDATE: Jefferies Reiterates Hold Rating, Raises PT on Take-Two Interactive Software on Solid Beat

In a report published Wednesday, Jefferies reiterated its Hold rating on Take-Two Interactive Software (NASDAQ: TTWO ), and raised its price target from $11.00 to $13.00. Jefferies noted, “Take-Two reported strong results well ahead of expectations, reflecting strong sales of NBA 2K13 and sharp growth in digital revenue. Mgmt increased