Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil EL&P Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries GTA 6 could push Take-Two Interactive stock to $175: Deutsche Bank By: Invezz November 14, 2023 at 15:11 PM EST Take-Two Interactive Software Inc (NASDAQ: TTWO) is already up 50% year-to-date but a Deutsche Bank analyst is convinced the stock is not of juice just yet.Take-Two stock has a 15% upsideOn Tuesday, Ben Soff upgraded the video game holding company to “buy” and said its shares could climb further to $175 – up another 15% from here.The analyst is constructive on Take-Two Interactive stock is partially based on the upcoming installment of Grand Theft Auto. His research note reads:We believe a major product announcement, such as the highly anticipated trailer for GTA 6, is likely to drive positive investor sentiment and should serve as a catalyst for the stock.Last week, the Nasdaq-listed firm confirmed that it plans on releasing the highly-anticipated GTA 6 trailer in December.Take-Two recently lowered guidanceThe bullish call arrives only days after Take-Two Interactive said it now expects net bookings to fall slightly short of $8.0 billion in fiscal 2025. Its previous guidance was for more than $8.0 billion.Still, Ben Soff dubbed the updated guidance a positive sign as it confirms that bulk of the company’s pipeline remains on track. The New York-headquartered firm is slated to release 14 core titles combined in fiscal 2025 and 2026 which makes up for another good reason to buy Take-Two Interactive stock, he added.We’re constructive on Take-Two’s ability to create and market top tier content and expect at least several additional titles to contribute leading to sustainable growth beyond GTA 6.The post GTA 6 could push Take-Two Interactive stock to $175: Deutsche Bank appeared first on Invezz Related Stocks: Bio-Techne Corp Liberty All Star Equity Fund Take-Two Interactive Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
GTA 6 could push Take-Two Interactive stock to $175: Deutsche Bank By: Invezz November 14, 2023 at 15:11 PM EST Take-Two Interactive Software Inc (NASDAQ: TTWO) is already up 50% year-to-date but a Deutsche Bank analyst is convinced the stock is not of juice just yet.Take-Two stock has a 15% upsideOn Tuesday, Ben Soff upgraded the video game holding company to “buy” and said its shares could climb further to $175 – up another 15% from here.The analyst is constructive on Take-Two Interactive stock is partially based on the upcoming installment of Grand Theft Auto. His research note reads:We believe a major product announcement, such as the highly anticipated trailer for GTA 6, is likely to drive positive investor sentiment and should serve as a catalyst for the stock.Last week, the Nasdaq-listed firm confirmed that it plans on releasing the highly-anticipated GTA 6 trailer in December.Take-Two recently lowered guidanceThe bullish call arrives only days after Take-Two Interactive said it now expects net bookings to fall slightly short of $8.0 billion in fiscal 2025. Its previous guidance was for more than $8.0 billion.Still, Ben Soff dubbed the updated guidance a positive sign as it confirms that bulk of the company’s pipeline remains on track. The New York-headquartered firm is slated to release 14 core titles combined in fiscal 2025 and 2026 which makes up for another good reason to buy Take-Two Interactive stock, he added.We’re constructive on Take-Two’s ability to create and market top tier content and expect at least several additional titles to contribute leading to sustainable growth beyond GTA 6.The post GTA 6 could push Take-Two Interactive stock to $175: Deutsche Bank appeared first on Invezz Related Stocks: Bio-Techne Corp Liberty All Star Equity Fund Take-Two Interactive