Wall Street Analysts Boost Take-Two Price Targets Amid Strong Gaming Performance

Financial analysts are expressing renewed confidence in Take-Two Interactive, with multiple firms significantly raising their price targets for the gaming company’s shares. This optimistic shift comes despite recent stock performance challenges and highlights the enduring strength of key franchises.

Several prominent investment banks have revised their outlook on Take-Two. Jefferies increased its price target from $270 to $300 while maintaining a buy recommendation. TD Cowen established a $284 target, with both Benchmark and DA Davidson projecting the stock could reach $300. This collective bullish stance reflects growing confidence in the company’s core business segments.

The primary drivers behind this analyst enthusiasm appear to be the consistently strong performance of the NBA Read more...