Wells Fargo analyst Alec Brondolo raised the firm’s price target on Take-Two (TTWO) to $277 from $270 and keeps an Overweight rating on the shares. The firm anticipates a strong quarter and is raising Q2 estimates on better mobile trends, partially offset by lower Borderlands 4 units. Now 4% ahead of Q2 bookings. Wells expects uptick in GTA6 news flow around Q2 earnings.
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