Take-Two Interactive (TTWO) is to acquire Zynga (ZNGA) for $12.7B. John Freeman, Vice President of Equity Research at CFRA, discusses TTWO, as CFRA has a buy rating for TTWO with a $220 price target. He talks about the TTWO earnings which will be released today, postmarket. He then goes over how TTWO says the video game, Grand Theft Auto 6 is in development. Tom White then joins to demonstrate an example trade using TTWO. Tune in to find out more.
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