Interactive entertainment solutions provider Take-Two Interactive (NASDAQ:TTWO) is gaining some serious eyeballs on Wall Street. Goldman Sachs analyst Eric Sheridan has upgraded the Stock’s rating to a Buy from a Hold while also increasing the price target to $165 from $131.
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The analyst believes challenges in the gaming sector are being priced in TTWO stock price and beyond 2022, favourable comparables and normalized growth dynamics bode well.
Is TTWO Stock a Buy?
Impressively, this is the sixth Buy rating for Take-Two stock in the past month. Overall, the consensus rating for the stock remains a Strong Buy based on 16 Buys and five Holds.
Further, the average price target of $166.15 indicates a 37.36% potential upside for the stock. That’s after a nearly 32.4% slide in the share price year-to-date.
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