Take-Two Interactive: Positioning for a Multi-Year GTA VI-Led Supercycle and High-Margin Live-Service Growth
I'm PortAI, I can summarize articles.
Benchmark Co. analyst Mike Hickey has reiterated a Buy rating on Take-Two Interactive, setting a price target of $300. He believes the upcoming launch of Grand Theft Auto VI will initiate a multi-year growth cycle, supported by strong performance from GTA V and GTA Online. Hickey also notes growth in Take-Two's mobile portfolio and NBA 2K's record engagement. He anticipates record net bookings by fiscal 2027, driven by GTA VI and core franchises, and maintains that the market underestimates the potential of the upcoming "supercycle." DBS also maintains a Buy rating with a $273 target.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Tip Ranks The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments