Goldman Sachs analyst Eric Sheridan raised the price target on Take-Two Interactive (NASDAQ: TTWO) to $205.00 (from $186.00) while maintaining a Buy rating.

The analyst comments "In its FQ2'25 earnings report, TTWO focused on a few key themes: 1) Mgmt. expressed confidence in the operating path forward, especially around the content pipeline into FY26, with an emphasis on the Fall 2025 launch of Grand Theft Auto VI and the launches of Borderlands 4 and Mafia – The Old Country in the fiscal year; 2) continued near term positive bookings momentum around the strong performance of the GTA & Borderlands franchises, as well as mobile; 3) positive mgmt commentary on the current spend environment and optimism around the ability to scale IP in the coming years; & 4) expressed positive tone on emerging distribution channels (such as Netflix). We reiterate our Buy rating and adjust our 12-month price target from $186 to $205 as we adjust our forward operating estimates for this earnings report and mgmt’s forward commentary."