Baird analyst Colin Sebastian lowered the firm’s price target on Take-Two to $172 from $173 and keeps an Outperform rating on the shares. The firm said perhaps the least surprising news from earnings season is the push-out of GTA VI into FY26 from FY25. Baird believes this was largely anticipated by investors, and based on management commentary, there is a relatively high degree of confidence in this revised release window.
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