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Wells Fargo lifts Take-Two PT on GTA Online boost

ReutersJan 8, 2026 3:31 PM

Wells Fargo raises PT on Take-Two Interactive TTWO.O to $288 from $277, a 12.2% upside to stock's last close

Says it has a structurally positive view on media assets with original and exclusive content

Highlights that TTWO's top franchises, Grand Theft Auto (GTA) and Red Dead Redemption, are based on proprietary IP

Raises Q3 bookings forecast by 3% citing stronger-than-expected GTA Online performance and accelerated growth in TTWO's mobile games

28 of 31 brokerages recommend "buy" or higher, others "hold"; median PT is $280 - data compiled by LSEG

TTWO rose 39.1% in 2025

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