BTIG Starts Take-Two at Buy With $290 Target as GTA VI Nears Nov. 19 Release
Updated
Updated · CNBC · Jun 24
BTIG Starts Take-Two at Buy With $290 Target as GTA VI Nears Nov. 19 Release
3 articles · Updated · CNBC · Jun 24
Summary
$290 is BTIG's new price target for Take-Two, implying about 20% upside from Tuesday's close as it launched coverage with a buy rating.
Nov. 19 is the scheduled release date for Grand Theft Auto VI, which BTIG says could drive a sustainable multi-year lift in earnings and support valuation gains through the pre-release marketing cycle.
$80 is the expected price for GTA VI, with Rockstar set to open pre-orders after years of delays pushed the launch back several years.
30 of 32 analysts tracked by LSEG already rate Take-Two a buy or strong buy; the stock is down 5% in 2026 but has risen more than 6% over the past five days on mounting anticipation.