Benchmark Raises Light & Wonder Price Target to $110, Maintains Buy Rating

Benchmark raised the firm's price target on Light & Wonder to $110 from $90 and keeps a Buy rating on the shares. Light & Wonder completed its transition to a sole standard listing on the ASX on November 14 and management noted that consolidating the listing onto the ASX positions the company within a deeper investor base that understands the sector, while also improving visibility and engagement, the analyst tells investors.