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Take-Two price target raised to $292 from $285 at UBS

UBS analyst Christopher Schoell raised the firm’s price target on Take-Two (TTWO) to $292 from $285 and keeps a Buy rating on the shares following the Q2 earnings report. The delayed timeline for Grand Theft Auto VI, key catalyst for the stock, could weigh on shares initially, but any pullback will be a buying opportunity, the analyst tells investors in a research note.

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