J.P. Morgan maintains an Overweight rating on Take-Two Interactive with a $200 target, citing positive trends in mobile gaming, particularly for Zynga. Management expresses confidence in mobile market growth and stability into 2024, highlighting consumer readiness to invest in new games.
Dave Portnoy made big purchases in GameStop and AMC, following Roaring Kitty's return to social media and meme stock rally. However, GameStop's stock has since sold off, with Portnoy calling Roaring Kitty's livestream a tactical error.
Crown Castle to improve operational performance, updates outlook for FY24. Focus on demand for fiber and small cells in 48 top U.S. cities, reducing costs and staff.