On April 10, we noted, “Investors may want to keep an eye on Take-Two Interactive (TTWO).  Not only has the stock been trending higher, the announcement of a Grand Theft Auto follow up game has a lot of investors excited.  While there’s no launch date for the game just yet, analysts at Moffett Nathanson believes a major announcement is just around the corner.”

At the time, TTWO traded at $120.06.  Today, it’s up to $124.66 and running. If it can now break above current resistance, it could test $135 next.  Helping, Barclays just raised its price target on TTWO to $141 from $130, with an overweight rating. Bank of America also raised its price target to $135 from $120 a share, with a buy rating.

Sincerely,

Ian Cooper