SunTrust analyst Matthew Thornton lowered his price target on Take-Two to $129, adjusting his model based on the 20-times his expected FY23 "GTA-launch year" earnings multiple, but also keeps his Buy rating on the shares. The analyst notes that while the near-term visibility on Take-Two stock remains low, the long-term risk-reward has improved going into the potential pipeline unveil in the coming months.
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Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here