Analysts on Wall Street Lower Ratings for These 5 Stocks

03. Light & Wonder, Inc. (NASDAQ:LNW)

Price Reaction after the Downgrade: -1.04 (-1.03%)

On March 11, Light & Wonder, Inc. (NASDAQ:LNW), a notable player in the technology industry, encountered a significant event in the stock market. Redburn Atlantic, a reputable financial institution, adjusted its rating on Light & Wonder from “Buy” to “Neutral,” while also raising the price target from $105.00 to $110.00. This alteration in assessment signals a change in the perception of Light & Wonder, Inc. (NASDAQ:LNW) performance and potential within the technology sector. Following this downgrade, the market price of Light & Wonder, Inc. (NASDAQ:LNW) saw a decline of 1.03% by the closing bell on March 11, settling at $101.45. This adjustment in market value reflects investor response to Redburn Atlantic’s revised stance, indicating a more cautious or balanced outlook on Light & Wonder, Inc. (NASDAQ:LNW) future prospects in the technology landscape.