JP Morgan Increases Take-Two Target Amid Strong Q1 Performance and GTA VI Release

Reported 1 day ago

JP Morgan has raised its price target for Take-Two Interactive Software (TTWO) from $250 to $275 after the company reported strong Q1 earnings, exceeding expectations with a revenue of $1.50 billion, driven by popular titles including GTA V and NBA 2K25. The firm highlighted Take-Two's effective execution and upcoming release of Grand Theft Auto VI as key factors for their positive outlook.

Source: YAHOO

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