Forecasting The Future: 8 Analyst Projections For Light & Wonder
Portfolio Pulse from Benzinga Insights
In the past three months, 8 analysts have provided diverse ratings for Light & Wonder (NASDAQ:LNW), with a recent shift towards more bullish sentiments. The average 12-month price target has risen to $104.5, marking a 7.73% increase from the previous target. Light & Wonder, a major player in electronic gaming and mobile games, has shown notable financial performance with a 13.05% revenue growth, impressive net margin, ROE, and ROA, despite a high debt-to-equity ratio.
March 26, 2024 | 1:00 pm
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Light & Wonder has received varied analyst ratings, with a recent bullish trend. The average price target has increased to $104.5. Financially, the company has shown strong performance with significant revenue growth and profitability, despite a high debt level.
The increase in the average price target and recent bullish analyst ratings suggest a positive outlook for LNW's stock price in the short term. The company's strong financial performance, including revenue growth and profitability, further supports this positive sentiment. However, the high debt-to-equity ratio introduces a level of financial risk that investors should consider.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100