Morgan Stanley raised the firm’s price target on Take-Two (TTWO) to $185 from $175 and keeps an Overweight rating on the shares. The firm previewed Q2 EPS for the North American Internet group, stating that Amazon (AMZN) remains its top mega cap pick, while moving down the cap size it is most bullish on Uber (UBER), DoorDash (DASH), Trade Desk (TTD) and eBay (EBAY) and remains more cautious on online travel names and Etsy (ETSY).
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TTWO:
- Video game sales fall 1.6% y/y in Europe in 1H24, GI.biz reports
- ‘EA Sports College Football 25’ ranks third in DAU on Xbox, fourth on PS5
- What You Missed This Week in Video Games
- Bain says global gaming revenue could exceed $300B by 2027, Insider Gaming says
- Take-Two (NASDAQ:TTWO) Becomes One of Jefferies’ Leading Picks, Shares Rise