DA Davidson Starts Take-Two Interactive (TTWO) at Buy

DA Davidson analyst Wyatt Swanson initiates coverage on Take-Two Interactive (NASDAQ: TTWO) with a Buy rating and a price target of $250.00.

The analyst comments "We are initiating coverage of TTWO with a BUY-rating and a $250 price target (implies ~23x our FY'26 EV/EBITDA and 32x our norm P/E). We think TTWO's IP is extremely strong, its current release slate provides for a busy CY'25, and we are confident that TTWO can grow Net Bookings >40% Y/Y in FY'26. Our analyses indicate that TTWO's talent, long-lasting playership, and momentum set TTWO up to outperform in FY'26 and '27 to grab market share while expanding margins."

For an analyst ratings summary and ratings history on Take-Two Interactive click here. For more ratings news on Take-Two Interactive click here.

Shares of Take-Two Interactive closed at $208.76 yesterday.

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