Light & Wonder price target raised to $125 from $105 at Craig-Hallum

Craig-Hallum raised the firm’s price target on Light & Wonder to $125 from $105 and keeps a Buy rating on the shares following quarterly results. The firm says Light & Wonder remains a focus stock for Craig-Hallum. It thinks the stock can continue outperforming and move a lot higher given its confidence in the company’s strong competitive omni-channel position with A+ assets and management team.