Take-Two price target raised to $185 from $170 at Oppenheimer

Oppenheimer analyst Martin Yang raised the firm’s price target on Take-Two to $185 from $170 and keeps an Outperform rating on the shares. Take-Two reported in-line earnings but reduced its FY24 and FY25 outlook again, driven mainly by updated release windows for a number of immersive core games, the analyst tells investors in a research note.