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Take-Two price target lowered to $155 from $158 at Truist

Take-Two price target lowered to $155 from $158 at Truist

Truist analyst Matthew Thornton lowered the firm’s price target on Take-Two to $155 from $158 and keeps a Buy rating on the shares. The analyst slightly lowering estimates on lower mobile in-app purchases and to a lesser extent currency movement. The firm believes buy-side investor sentiment is subdued into the November 8 earnings print and views the stock setup as “better on the other side.”

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