Take-Two price target lowered to $180 from $185 at Roth MKM

Roth MKM lowered the firm’s price target on Take-Two to $180 from $185 but keeps a Buy rating on the shares. The firm remains positive on the company’s multi-year growth trajectory even with the release of GTA VI getting pushed into FY26, the analyst tells investors in a research note. While the FY25 guidance was meaningfully lower than expected, having better clarity towards the GTA VI release should be seen as a clearing event, the firm states, also citing an increasing number of game releases for Take-Two, bringing the company’s development pipeline to a “long awaited inflection point”.