Take-Two Interactive Prices $4.75M Share Offering at $225 Amid GTA 6 Anticipation
Take-Two Interactive’s stock gains momentum as the company prices its 4.75 million share secondary offering at $225 per share. Morgan Stanley has raised its price target for Nasdaq: TTWO from $210 to $265, citing strategic positioning and growing HYPE around the upcoming Grand Theft Auto VI release.
The offering coincides with heightened market confidence in Take-Two’s revenue potential, driven by one of the most anticipated game launches in recent history. Analyst upgrades and institutional interest reflect bullish sentiment toward the gaming giant’s long-term growth trajectory.