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Take-Two initiated with an Overweight at Wells Fargo

Wells Fargo initiated coverage of Take-Two (TTWO) with an Overweight rating and $265 price target The firm is positive on the shares into the release of Grand Theft Auto 6 on May 26, 2026. The game will sell 50M units in year one at an $80 price, much higher than the 32M sold for GTA 5, the analyst tells investors in a research note. Wells earnings estimates for Take-Two are above the Street for fiscal 2027.

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