Light & Wonder price target raised to $110 from $103 at JPMorgan

JPMorgan raised the firm’s price target on Light & Wonder to $110 from $103 and keeps an Overweight rating on the shares. The company reported accelerated growth in its Q4 America net install base, which “cleared the air on questions around growth ex-Dragon Train,” the analyst tells investors in a research note. The firm still believes Light & Wonder’s guidance achievable.