Stifel raises target price for Take-Two Interactive Software, optimistic about upcoming game releases.

From Investing.com: 2025-01-20 23:38:57

Stifel raised Take-Two Interactive Software’s target price to $223, citing potential in upcoming games beyond GTA 6. The new target represents a nearly 20% upside from the last close. Stifel expects TTWO’s pipeline to contribute significantly to earnings and cash flows. The firm highlighted strength in other franchises like NBA 2K and BioShock. TTWO is set to report December quarter earnings on February 6, with expectations of non-GAAP EPS at $0.57 on net bookings of $1.38 billion.



Read more at Investing.com: Stifel raises target on strong game pipeline, GTA 6 bets By Investing.com