Light & Wonder Inc (NASDAQ: LNW) stock enjoyed a major increase of 11.2% on 11/10/23. The shares closed at $86.82. The stock has risen 15.7% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
LNW’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Light & Wonder has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Light & Wonder has a very low Appreciation Score of 10 but a very high Power Rating of 94, producing the Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment