Light & Wonder (NASDAQ:LNW – Get Rating) had its target price decreased by analysts at Stifel Nicolaus from $61.00 to $51.00 in a research report issued to clients and investors on Monday, The Fly reports. Stifel Nicolaus’ price objective points to a potential upside of 0.04% from the stock’s previous close.
Other analysts have also issued reports about the stock. Truist Financial cut their target price on shares of Light & Wonder from $85.00 to $76.00 and set a “buy” rating for the company in a research note on Wednesday, July 20th. Deutsche Bank Aktiengesellschaft cut their target price on shares of Light & Wonder from $53.00 to $48.00 in a research note on Thursday, July 14th.
Light & Wonder Trading Up 3.8 %
Shares of NASDAQ:LNW opened at $50.98 on Monday. The stock has a 50 day moving average of $49.16. The firm has a market cap of $4.88 billion, a price-to-earnings ratio of 12.28 and a beta of 1.70. Light & Wonder has a twelve month low of $41.48 and a twelve month high of $90.20.
About Light & Wonder
Light & Wonder, Inc develops technology-based products and services, and related content for the gaming, lottery, social and digital gaming industries in the United States and internationally. The company's Gaming segment sells new and used gaming machines, electronic table systems, video lottery terminals, conversion game kits, and spare parts; table products, including shufflers; and perpetual licenses to proprietary table games.
- Get a free copy of the StockNews.com research report on Light & Wonder (LNW)
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