Raymond James upgraded Take-Two Interactive (NASDAQ:TTWO) from “Outperform” to “Strong Buy,” maintaining a $285 price target, representing a 39% potential upside. The upgrade follows a 15% stock decline since January 29th due to concerns about Google’s Project Genie and AI’s impact, which Raymond James deemed “overdone,” citing strong fundamentals and dismissing AI replacement worries in gaming. Other analysts like Benchmark, BMO Capital, TD Cowen, DA Davidson, and Oppenheimer also maintained positive ratings after Take-Two’s strong F3Q26 report, highlighting robust net bookings and recurrent consumer spending.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Take-Two stock rating upgraded to Strong Buy by Raymond James
Raymond James upgraded Take-Two Interactive (NASDAQ:TTWO) from “Outperform” to “Strong Buy,” maintaining a $285 price target, representing a 39% potential upside. The upgrade follows a 15% stock decline since January 29th due to concerns about Google’s Project Genie and AI’s impact, which Raymond James deemed “overdone,” citing strong fundamentals and dismissing AI replacement worries in gaming. Other analysts like Benchmark, BMO Capital, TD Cowen, DA Davidson, and Oppenheimer also maintained positive ratings after Take-Two’s strong F3Q26 report, highlighting robust net bookings and recurrent consumer spending.