Take-Two price target raised to $200 from $185 at BofA

BofA raised the firm’s price target on Take-Two (TTWO) to $200 from $185 and keeps a Buy rating on the shares after the company reported fiscal Q2 net bookings of $1.48B, which was at the high end of guidance and above BofA and the Street forecast at about $1.45B. While strength was all around, the outperformance of the core franchises was particularly notable, the analyst tells investors in a post-earnings note.