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Take-Two shares level up on strong game demand, GTA VI launch

ReutersAug 8, 2025 9:32 AM

Shares of Take-Two Interactive TTWO.O up about 4.6% at $236.9 in premarket trading

FY26 bookings outlook raised on Thursday after market close to $6.05–$6.15 bln; adj. EPS to $2.60–$2.85

Robust demand for its 'Mafia' and 'Borderlands' titles drives upgrade

Reaffirms May 2026 launch date of GTA VI game, expected to generate billions within weeks of release

J.P.Morgan says TTWO upgrade may be conservative, expects further GTA VI launch

JPM maintains "overweight" rating; raises PT to $275 from $250, second highest on street

Average rating from 32 analysts on TTWO is "buy," with a median PT of $260 - LSEG data

Till last close, TTWO up about 23% YTD vs Nasdaq's .IXIC ~10% rise

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