2024-04-27 12:00:00 ET
The stock of Take-Two Interactive (NASDAQ: TTWO) , the video game company behind the long-running Grand Theft Auto (GTA) series, is a steal at its current price. That's the belief of an analyst tracking the company, which was reiterated in a research note published in mid-April. He feels it has the potential to rise as much as 31% from its present level.
This bull is Oppenheimer 's Martin Yang, whose buy recommendation is accompanied by a $185 per share price target.
Yang is keeping both his recommendation and that price target steady, as he feels Take-Two's immediate future is difficult to gauge. It has yet to release the highly anticipated GTA VI , the upcoming entry in what the analyst described enthusiastically as "the most anticipated game of the decade."
For further details see:
Is Take-Two Interactive Stock Going to $185? 1 Wall Street Analyst Thinks So.