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Take-Two price target raised to $270 from $250 at DA Davidson

DA Davidson analyst Wyatt Swanson raised the firm’s price target on Take-Two (TTWO) to $270 from $250 and keeps a Buy rating on the shares after its “mixed” Q4 results. The company’s net bookings were 2% ahead of consensus but its adjusted EBITDA missed by 4%, the analyst tells investors in a research note. DA Davidson adds however that the initial FY26 guide, which assumes 5.3% net bookings growth at the midpoint, feels conservative given Take-Two’s upcoming releases.

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