Citi analyst Jason Bazinet raised the firm’s price target on Take-Two (TTWO) to $225 from $200 and keeps a Buy rating on the shares. The firm continues to find Take-Two compelling at prevailing levels based on expected robust sales of “Grand Theft Auto VI” and a robust pipeline of other IP following “GTA VI.” Citi raised its price target and elevated the stock to the top pick within its coverage universe, as it views the risk/reward as compelling at prevailing levels.
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