LNW News: Citi upgrades Light & Wonder to Buy on earnings momentum - 21st Feb 2025, 4:06am

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Citi upgraded Light & Wonder to Buy from Neutral with a price target of A$200, up from A$156. The company’s acquisition of Grover Charitable Gaming provides exposure to a “new high growth vertical,” the analyst tells investors in a research note. The firm believes expansion into new states, on-going state legalizations and the rollout of a premium content portfolio supports a “strong...

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