Assessing Take-Two’s Soaring Stock After Price Target Raised to $260
If you have been watching Take-Two Interactive Software’s stock lately, you have probably noticed some eye-catching movement. Whether you are an investor deciding whether to buy, sell, or just hold on, it can feel like every headline brings a new twist. Over the past twelve months, Take-Two’s stock has jumped an impressive 66.6%, vastly outperforming broader market averages. Even when looking at a longer time frame, the growth is hard to ignore, with the stock up 112.3% over the last three years and adding an additional 42.8% since the start of the year.
Much of this momentum comes despite news that might have rattled even seasoned investors, like reports of layoffs at the “BioShock 4” developer and rumors circulating about…
