Morgan Stanley has revised its price target for Take-Two Interactive (TTWO, Financial), lowering it slightly from $215 to $210. Despite this adjustment, the firm maintains an Overweight rating on the gaming company's shares. This adjustment is part of a broader strategy by Morgan Stanley to reduce estimates across its coverage of North American internet stocks.
The decision reflects ongoing concerns surrounding macroeconomic conditions and tariff implications affecting sectors like e-commerce and digital advertising. These factors have prompted the firm to reassess its projections and forecast across the board. Take-Two Interactive remains a key player in the gaming industry, and while expectations have been modestly adjusted, the overall outlook on the stock remains positive.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 29 analysts, the average target price for Take-Two Interactive Software Inc (TTWO, Financial) is $221.21 with a high estimate of $270.00 and a low estimate of $137.43. The average target implies an upside of 4.64% from the current price of $211.40. More detailed estimate data can be found on the Take-Two Interactive Software Inc (TTWO) Forecast page.
Based on the consensus recommendation from 29 brokerage firms, Take-Two Interactive Software Inc's (TTWO, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Take-Two Interactive Software Inc (TTWO, Financial) in one year is $211.56, suggesting a upside of 0.08% from the current price of $211.4. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Take-Two Interactive Software Inc (TTWO) Summary page.
