JPMorgan raised the firm’s price target on Take-Two Interactive to $200 from $180 and keeps an Overweight rating on the shares following a closer look at GTA VI’s “uplift potential” to bookings and adjusted earnings. The firm’s bull case is largely predicated on upside potential associated with GTA VI, but it is also encouraged by recent signs of mobile stability, cost efficiency initiatives, and new intellectual property optionality with 40 titles planned through fiscal 2027.
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