BMO Capital analyst Brian Pitz reiterated a Buy rating on Take-Two (TTWO – Research Report) today and set a price target of $240.00.
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Brian Pitz has given his Buy rating due to a combination of factors that highlight Take-Two’s strong position in the market. The company is benefiting from significant growth in its NBA 2K franchise, with daily active users increasing by 20% year-over-year, leading to a 30% rise in recurrent consumer spending. This success mitigates the slower performance in its mobile segment, ensuring that Take-Two’s overall financial guidance remains on track.
Moreover, the anticipation of the Grand Theft Auto VI release in Fall 2025 is a major catalyst for future growth. The expected launch of this flagship title is projected to drive substantial sales, potentially reaching 45 million units. Take-Two also boasts a strong pipeline of upcoming games, which reinforces its top position in the interactive entertainment sector. These elements together make Take-Two’s stock an attractive buy for investors at this time.
According to TipRanks, Pitz is a top 100 analyst with an average return of 20.6% and a 76.23% success rate. Pitz covers the Communication Services sector, focusing on stocks such as Take-Two, Electronic Arts, and Alphabet Class A.
In another report released today, Roth MKM also maintained a Buy rating on the stock with a $226.00 price target.