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Take-Two price target lowered to $160 from $170 at BofA

BofA analyst Omar Dessouky lowered the firm’s price target on Take-Two to $160 from $170 and keeps a Neutral rating on the shares. Though Take-Two management has narrowed the release window for “Grand Theft Auto VI” to “Fall 2025,” the firm stays Neutral on the shares because it thinks new investors will need more evidence the game is on track, the analyst said in a post-earnings update.

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