Take-Two price target raised to $161 from $160 at Barclays

Barclays analyst Mario Lu raised the firm’s price target on Take-Two Interactive Software to $161 from $160 and keeps an Overweight rating on the shares. The company’s results were mixed but the fiscal 2024 guide was left unchanged despite some moving pieces in terms of promotional cadence for NBA 2K and title release slate in the back half of the fiscal year, the analyst tells investors in a research note.