Brightstar Lottery price target raised to $21 from $20 at Stifel

Stifel raised the firm’s price target on Brightstar Lottery (BRSL) to $21 from $20 and keeps a Buy rating on the shares after the company reported a 3% adjusted EBITDA beat while reiterating FY25 adjusted EBITDA guidance and introducing FY28 targets that the firm says “seem to embed sufficient conservatism around more difficult to forecast growth vectors.”