Deutsche Bank Upgrades Take-Two Interactive to Buy, Raises Price Target to $175
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Bryan Kraft has upgraded Take-Two Interactive (TTWO) from Hold to Buy and increased the price target from $155 to $175, indicating a positive outlook on the company's stock.
November 14, 2023 | 12:35 pm
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Take-Two Interactive's stock rating has been upgraded by Deutsche Bank from Hold to Buy, with a raised price target from $155 to $175, suggesting a bullish stance on the company's future performance.
Analyst upgrades typically lead to a positive short-term reaction in the stock market as they reflect a vote of confidence in the company's performance and outlook. The increase in price target further emphasizes the analyst's bullish view, which can influence investor sentiment and potentially drive the stock price up in the short term.
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IMPORTANCE 90
RELEVANCE 100