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BTCC / BTCC Square / Global Cryptocurrency /
Nintendo Stock Surges as Switch 2 Launch Drives Bullish Analyst Outlook

Nintendo Stock Surges as Switch 2 Launch Drives Bullish Analyst Outlook

Author:
Global Cryptocurrency
Published:
2025-06-09 16:35:02
24
3

Nintendo's NTDOF shares rallied after Jefferies analyst Atul Goyal raised his price target to $139.58, implying 64% upside potential. The bullish revision follows the successful launch of the Switch 2 console, which saw strong initial demand despite some retail availability concerns.

The gaming giant's stock momentum contrasts with Microsoft's impending entry into handheld gaming. The tech titan announced two new competing devices, setting the stage for intensified competition in the portable gaming market where Nintendo has dominated since the original Switch's 152 million-unit success.

|Square

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