Citi analyst Jason Bazinet raised the firm’s price target on Take-Two (TTWO) to $225 from $200 and keeps a Buy rating on the shares. The firm continues to find Take-Two compelling at prevailing levels based on expected robust sales of “Grand Theft Auto VI” and a robust pipeline of other IP following “GTA VI.” Citi raised its price target and elevated the stock to the top pick within its coverage universe, as it views the risk/reward as compelling at prevailing levels.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TTWO:
- Game On: Guillemot family, Tencent in talks over Ubisoft buyout
- Bet On It: Senator says FanDuel, DraftKings should face antitrust probe
- Take-Two price target raised to $240 from $190 at BMO Capital
- TNT Sports collaborates with NBA 2K, Genius Sports on NBA viewing experience
- Game On: Shuhei Yoshida to leave Sony after more than 30 years
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue