Stifel analyst Drew Crum raised the firm’s price target on Take-Two (TTWO) to $223 from $220 and keeps a Buy rating on the shares. The firm says that the entirety of Take-Two’s development pipeline remains foundational to its fundamental thesis, should serve as a meaningful contributor to earnings, cash flows, and net bookings over the coming years, and may not be fully appreciated by the market. Sitfel expects the upcoming earnings report to likely be the last negative earnings comp for the next several quarters.
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