01:05 PM EST, 11/10/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We lift our 12-month target to $279 from $263, based on 27x our CY 2027 EPS estimate of $10.33, in line with peers. We raise our FY 26 EPS to $3.58 from $3.09 and FY 27 to $10.55 from $9.97, reflecting management's strong Q2 execution and the second consecutive quarterly guidance increase to $6.4 billion-$6.5 billion. The 33% net bookings beat demonstrates accelerating momentum we believe is sustainable. We think our 27x multiple is conservative given GTA VI's November 2026 launch is likely to drive a fundamental earnings inflection, not a transitory spike. The combination of exceptional franchise engagement (NBA 2K recurrent spending up 45%, GTA Online up 20%), mobile resilience, and robust pipeline through FY 28 supports our conviction. Current valuation fails to capture the magnitude of cash generation and margin expansion ahead, making this an attractive entry point, in our opinion.