Take-Two price target raised to $150 from $127 at Stifel

Stifel analyst Drew Crum raised the firm’s price target on Take-Two to $150 from $127 and keeps a Buy rating on the shares. Ahead of the release of the company’s Q4 results, Stifel is forecasting a "weak ending" to a disappointing FY23 for the company, the analyst tells investors. However, the firm does assume improving fundamentals and growth in FY24 and beyond.