Morgan Stanley analyst Matthew Cost notes the GTA VI trailer is out and the game is set for calendar 2025, adding that the firm remains bullish on the game’s ability to “drive a step-function” in Take-Two Interactive’s earnings over the next two years. With about 190M life-to-date copies sold for the current iteration of the game, GTA VI will address a massive built-in audience and is “the most important catalyst the company has seen in the past decade,” argues the analyst, would view any pullback in shares as a buying opportunity. Morgan Stanley reiterates on Overweight rating and $175 price target on Take-Two.
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