Stifel Maintains Hold on Light & Wonder, Lowers Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Jeffrey Stantial maintains a Hold rating on Light & Wonder (NASDAQ:LNW) and lowers the price target from $108 to $100.
September 25, 2024 | 1:21 pm
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Stifel analyst Jeffrey Stantial maintains a Hold rating on Light & Wonder and lowers the price target from $108 to $100, indicating a cautious outlook.
The lowering of the price target from $108 to $100 by Stifel suggests a less optimistic view on Light & Wonder's short-term performance. The Hold rating indicates that the stock is expected to perform in line with the market, but the reduced price target may lead to a negative sentiment among investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100