Susquehanna raised the firm’s price target on Light & Wonder to $100 from $86 and keeps a Positive rating on the shares. The firm said the company’s operational turnaround progressed in 3Q most notably its NA installed base began to grow again after the company’s efforts to trade out its lower yielding units within the installed base, and its NA replacement unit growth, and International replacement unit growth especially in Australia where share increased.
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Read More on LNW:
- Light & Wonder price target raised to $83 from $80 at Stifel
- Light & Wonder price target raised to $105 from $100 at Craig-Hallum
- Light & Wonder price target raised to $94 from $87 at Macquarie
- Light & Wonder price target raised to $67 from $66 at Deutsche Bank
- Light & Wonder reports Q3 EPS 81c, consensus 39c