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Take-Two price target lowered to $295 from $301 at Wells Fargo

Wells Fargo analyst Alec Brondolo lowered the firm’s price target on Take-Two (TTWO) to $295 from $301 and keeps an Overweight rating on the shares. In May, Take-Two will guide FY27, capturing the release of GTA 6. The firm is updating estimates based on GTA 5 unit economics deep dive and additional thoughts on GTA Online opportunity.

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