Truist Securities Maintains Buy on Light & Wonder, Lowers Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained its Buy rating on Light & Wonder (NASDAQ:LNW) but has lowered the price target from $120 to $115.
October 23, 2024 | 2:06 pm
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Truist Securities has maintained its Buy rating on Light & Wonder but has lowered the price target from $120 to $115, indicating a slight decrease in expected valuation.
The maintenance of a Buy rating suggests continued confidence in Light & Wonder's performance, but the lowered price target indicates a slight reduction in expected future valuation. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100