Wells Fargo lifts Take-Two PT on GTA Online boost
08/01/2026 15:31
** 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 (Reporting by Arnav Mishra in Bengaluru) ((Arnav.Mishra@thomsonreuters.com;))