Take-Two Interactive stock is up due to new analyst coverage and optimism around upcoming game release
From Yahoo Finance: 2025-04-24 13:43:00
Take-Two Interactive (NASDAQ: TTWO) stock is up 4.3%, driven by new analyst coverage and a bullish market. Year-to-date, the stock is up 21% despite market sell-offs. BMO Capital Markets gives a $240 price target with 8% upside. Analysts are optimistic about upcoming video game releases, like Grand Theft Auto VI.
Grand Theft Auto VI is set to launch this year and is expected to boost Take-Two’s growth. Its predecessor sold 210 million copies, making it the most profitable entertainment release ever. GTA VI is anticipated to generate billions in in-game spending. Take-Two is seen as a strong investment in the gaming industry for the next five years.
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