Susquehanna Downgrades Light & Wonder to Neutral, Lowers Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Joseph Stauff downgrades Light & Wonder (LNW) from Positive to Neutral and lowers the price target from $111 to $95.

May 10, 2024 | 12:51 pm
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Light & Wonder was downgraded by Susquehanna from Positive to Neutral, with a reduced price target from $111 to $95.
The downgrade from Positive to Neutral by a significant analyst like Susquehanna, coupled with a substantial reduction in price target, is likely to negatively impact investor sentiment and could lead to a short-term decrease in stock price. Analyst ratings and price targets are critical factors that investors consider when making investment decisions. A downgrade and lower price target can lead to reduced investor confidence and potential sell-off by investors reacting to the revised outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100