GTA VI will be out in less than 3 months. Sink or swing for Take-Two Interactive $TTWO? BofA says there's 58% upside. They reiterate Buy with a $368 target against $233, off the back of the GTA 6 gameplay reveal that Netflix aired last week. The funny part is in the risk section. Since August 18, an anonymous account called CyberLeek has been posting GTA 6 clips, and the details look consistent with someone having a real playable build. Rockstar acknowledged it on the 26th. But the same account is also promoting its own meme coin, so BofA's reasoning for why this probably isn't catastrophic is that the motive looks financial, and monetizing through a token is a less direct path than just distributing pirated copies. The bull case includes "the leaker seems more interested in his shitcoin." You can't make this up. On valuation, TTWO trades at 93x FY2026 EPS and 53x FY2027. I get that GTA Online is a machine, but I wonder whether it justifies that kind of built-in premium. Not my type of setup, but interesting nonetheless.