Benchmark raised the firm’s price target on Take-Two to $200 from $164 and keeps a Buy rating on the shares. Grand Theft Auto 6’s anticipated release in fiscal 2025 should drive enthusiasm and growth and benefit current Rockstar titles and live services like Grand Theft Auto Online and Red Dead Redemption 2, contends the analyst, who sees Take-Two facing “low execution risks” in the second half of FY24.
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