Roth Capital notes that Take-Two (TTWO) announced GTA VI was delayed but that it has an actual release date, which the firm sees as a timing issue. Roth would be a buyer on any weakness in Take-Two shares today. A six- to seven-month delay for GTA VI is disappointing but not disastrous, the firm argues. Roth has seen this story many times before throughout the industry. It does not change its view regarding the game’s expected quality or ultimate unit sales assumptions. The firm has a Buy rating on the shares with a price target of $265.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TTWO:
- Take-Two estimate cuts ‘going to be significant,’ says JPMorgan
- TD Cowen says GTA VI delay not-so-bad outcome, reiterates Buy rating on Take-Two
- GTA 6 Release Date Delayed: Should Investors Buy Take-Two Stock (TTWO) on the Dip?
- Morning Movers: Amazon advances, Apple falls following quarterly results
- QQQ ETF News, 5/2/2025