Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

Benzinga

Business

Anusuya Lahiri

Benchmark Remains Bullish On Take-Two Interactive Software, Thanks To Sony and Microsoft

TTWO Microsoft Corp NYSE Rockstar Games Sony Group Corp

Benchmark analyst Mike Hickey reiterated a Buy rating and $200 price target (29.1% upside) on Take-Two Interactive Software Inc (NASDAQ:TTWO).
The re-rating came after he confirmed software pricing with the company for the upcoming "Grand Theft Auto V" and "GTA Online" releases for Sony Group Corp (NYSE:SONY) PlayStation 5 and Microsoft Corp (NASDAQ:MSFT) Xbox Series X/S.
Hickey said the games would have a promotion launch window and post-launch window with different price points and SKUs, with the post-promotion launch window having the combined games at $40, compared to his original $60 expectation.
The analyst believes Rockstar Games has settled on a lower price point to surface a more value-oriented pricing schematic for the third generation console release and build a larger current-gen player audience.
Price Action: TTWO shares traded lower by 0.92% at $156.54 on the last check Tuesday.

Sign up to read this article

Read news from 100’s of titles, curated specifically for you.

Already a member? Sign in here

Top stories on inkl right now

Senegal ruling party wins parliamentary majority, paving way for reforms

Senegal ruling party wins parliamentary majority, paving way for reforms

Senegal's ruling party won over three-quarters of parliamentary seats in weekend elections, according to national provisional results announced Thursday, potentially handing them the means to deliver their ambitious reform agenda.

Radio France Internationale

Russia-Ukraine war live: Nato says Moscow’s strike with new ballistic missile won’t alter course of war

Russia-Ukraine war live: Nato says Moscow’s strike with new ballistic missile won’t alter course of war

Alliance accuses Russia of seeking to intimidate Kyiv’s allies while Volodymyr Zelenskyy calls attack a ‘severe escalation’

The Guardian - AU

‘Swathes of social care market could collapse under £2.8bn cost pressures’

‘Swathes of social care market could collapse under £2.8bn cost pressures’

The Nuffield Trust said a rise in national insurance contributions and wage bills could see ‘swathes of the social care market collapsing’.

The Independent UK

Singapore hangs drug trafficker, third such execution in a week

Singapore hangs drug trafficker, third such execution in a week

Southeast Asian city-state is among a handful of countries that impose the death penalty for drug offences.

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Colorado funeral home owners charged with 100s of corpse abuse counts set to plead guilty

Colorado funeral home owners charged with 100s of corpse abuse counts set to plead guilty

Colorado funeral home owners accused of stashing 190 decaying bodies and giving grieving families fake ashes are expected to plead guilty

The Independent UK

Russia's Missile 'Warning' To Ukraine And West: What We Know

Russia's Missile 'Warning' To Ukraine And West: What We Know

Russia on Thursday fired an experimental missile at Ukraine in a clear warning of its capabilities, officials from Western governments said, even as they pushed back against Ukrainian claims of a more provocative action by Moscow.

International Business Times

Related Stories

Top stories on inkl right now

Senegal ruling party wins parliamentary majority, paving way for reforms

Senegal ruling party wins parliamentary majority, paving way for reforms

Senegal's ruling party won over three-quarters of parliamentary seats in weekend elections, according to national provisional results announced Thursday, potentially handing them the means to deliver their ambitious reform agenda.

Radio France Internationale

Russia-Ukraine war live: Nato says Moscow’s strike with new ballistic missile won’t alter course of war

Russia-Ukraine war live: Nato says Moscow’s strike with new ballistic missile won’t alter course of war

Alliance accuses Russia of seeking to intimidate Kyiv’s allies while Volodymyr Zelenskyy calls attack a ‘severe escalation’

The Guardian - AU

‘Swathes of social care market could collapse under £2.8bn cost pressures’

‘Swathes of social care market could collapse under £2.8bn cost pressures’

The Nuffield Trust said a rise in national insurance contributions and wage bills could see ‘swathes of the social care market collapsing’.

The Independent UK

Singapore hangs drug trafficker, third such execution in a week

Singapore hangs drug trafficker, third such execution in a week

Southeast Asian city-state is among a handful of countries that impose the death penalty for drug offences.

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Colorado funeral home owners charged with 100s of corpse abuse counts set to plead guilty

Colorado funeral home owners charged with 100s of corpse abuse counts set to plead guilty

Colorado funeral home owners accused of stashing 190 decaying bodies and giving grieving families fake ashes are expected to plead guilty

The Independent UK

Russia's Missile 'Warning' To Ukraine And West: What We Know

Russia's Missile 'Warning' To Ukraine And West: What We Know

Russia on Thursday fired an experimental missile at Ukraine in a clear warning of its capabilities, officials from Western governments said, even as they pushed back against Ukrainian claims of a more provocative action by Moscow.

International Business Times

Our Picks

“Who’s The One Actor That You Hate But Everyone Else Seems To Love?” (50 Answers)

No matter how popular they are, most celebrities have haters, too. Actors are no exception. The post “Who’s The One Actor That You Hate But Everyone Else Seems To Love?” (50 Answers) first appeared on Bored Panda.

Cher Reveals the "Fiasco" That Ensued When She Performed for Princess Margaret in 1965: "I Was Mortified"

"It was like a bad dream that we couldn’t get out of; we just had to stand there and wait for it to be over."

From frozen to feast, how to safely defrost your Thanksgiving turkey

Experts have recommended three different methods to defrost your turkey for Thanksgiving dinner

The Independent UK

“One of the most important guitars in rock and roll history”: George Harrison’s Futurama smashes auction estimate and sets a new record with staggering $1.27 million sale

The oddball electric – which was used during the Beatles’ early years, and saw action in over 300 historic shows – becomes the most expensive electric guitar formerly owned by a Beatle to sell at auction

Keke Palmer: I'm living life on my own terms

Keke Palmer has revealed that she feels proud to be living life "on [her] own terms".

Crypto entrepreneur Justin Sun buys $6 million banana—and plans to eat it unless Elon Musk wants to send it to space

Sun outbid six others for the iconic work.

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play