Redburn Atlantic Downgrades Light & Wonder to Neutral, Announces $110 Price Target
Portfolio Pulse from Benzinga Newsdesk
Redburn Atlantic analyst Andrew Tam downgrades Light & Wonder (LNW) from Buy to Neutral and sets a $110 price target.
March 11, 2024 | 9:38 am
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Light & Wonder was downgraded from Buy to Neutral by Redburn Atlantic, with a new price target of $110.
The downgrade from Buy to Neutral by a notable analyst could lead to a negative short-term sentiment among investors, potentially impacting the stock price negatively. The setting of a price target provides a benchmark but the downgrade is the primary factor likely to influence short-term price movement.
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