Jefferies raised the firm’s price target on Light & Wonder to $88 from $84 and keeps a Buy rating on the shares after having hosted a non-deal roadshow with management. Management continues to build the Street’s confidence that it can continue accelerating the business to reach its 2025 target of $1.4B of AEBITDA and the necessary growth drivers toward 2025 “do not appear to be heroic, but rather require solid execution,” the analyst tells investors.
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