Bank of America Maintains Buy Rating for Take-Two Interactive

Bank of America reiterated a Buy rating for Take-Two Interactive, identifying the November 19 release of Grand Theft Auto 6 as the primary catalyst for future earnings growth. While the bank lowered its price target from $380 to $330, analysts maintain that the stock possesses significant upside potential.

Take-Two shares have declined 21% year-to-date in 2026, but Bank of America suggests the stock is attractively priced relative to the S&P 500 and other major game publishers. The financial institution specifically highlighted the long-term monetization potential of the game's online mode, expecting tangible evidence of this growth by the first quarter of 2027.

This optimistic forecast arrives during a period of instability within the gaming industry. In June, Microsoft implemented workforce reductions within its Xbox division, signaling broader volatility across the sector.