Take-Two Interactive (TTWO) shares rose more than 6% following a positive report from Piper Sandler.

The investment bank reiterated an Overweight rating and established a $280 price target.

Analysts project Grand Theft Auto VI could sell over 45 million units at launch.

This forecast stems from an analysis of Reddit data and historical major game releases.

The expected sales volume for the new title far exceeds its predecessor's performance.