Morgan Stanley analyst Matthew Cost raised the firm’s price target on Take-Two (TTWO) to $265 from $210 and keeps an Overweight rating on the shares after the company reported “strong” fiscal Q4 results with GTA Online, Zynga, and particularly NBA 2K having outperformed. The firm, which came away from earnings “incrementally confident on the live services franchises,” notes that FY26 guidance was well below its prior estimates due to the previously announced delay of GTA VI to the end of May 2026. The firm, which was “highly encouraged by the reception of the second trailer,” says that game’s size and profitability “will remain the single-most-important assumption” for shares going forward.
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