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TTWOTake-Two Interactive Software, Inc.$227.82
24h
+0.38%
23 Jun, 13:58
BofA reiterates Buy with raised PT to $368
Bullish-7.38%
AI Summary
The author shares BofA Securities' reiterated Buy rating on Take-Two with a raised price target to $368, citing GTA Online monetization upside.
$TTWO | BofA Securities reiterates 𝐁𝐮𝐲 on 𝐓𝐚𝐤𝐞-𝐓𝐰𝐨, 𝐫𝐚𝐢𝐬𝐞𝐬 𝐏𝐓 𝐭𝐨 $𝟑𝟔𝟖 𝐟𝐫𝐨𝐦 $𝟑𝟐𝟎
Analyst sees significant upside to GTA Online monetization, expecting its 'pay-to-progress' model to drive higher player spend than Fortnite's. https://x.com/AIStockSavvy/status/2069419730826412435/photo/1