Susquehanna analyst Joseph Stauff raised the firm’s price target on Light & Wonder (LNW) to $81 from $70 and keeps a Positive rating on the shares. The firm adjusted their projections largely to reflect the pro-forma adjustments to its FCF generation after the pending acquisition of a 17% minority stake in SciPlay (SCPL) closes.
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Read More on LNW:
- Light & Wonder expands multi-year global licensing partnership with WBDGTE
- SciPlay price target raised to $20 from $18 at Truist
- SciPlay Forms Special Committee to Evaluate Non-Binding Acquisition Proposal from Light & Wonder
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