HSBC Starts Take-Two Interactive (TTWO) at Buy

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Take-Two's GTA 6 a 'likely winner' - EA's FIFA break-up a potential a long-term threat, says HSBC

July 25, 2023 2:25 PM EDT

HSBC initiated Take-Two Interactive Software (NASDAQ: TTWO) with a Buy rating and $170 price target and Electronic Arts (NASDAQ: EA) with a Hold rating and $128 price target in a note to clients Tuesday.

Focusing on TTWO, HSBC analyst Mohammed Khallouf said its much anticipated Grand Theft Auto 6 game is "a... More