# Morgan Stanley analyst Melinda Baxter maintained a Buy rating on Light & Wonder, Inc. Shs Chess Depository Interests Repr 1 Sh on April 24.

*business · news · 2026-04-27 · Markets Insider*

## Key points

- Morgan Stanley's Melinda Baxter maintained a Buy rating on Light & Wonder with a A$190 target.
- Light & Wonder reported A$890 million revenue and a GAAP net loss of A$15 million last quarter.
- The company's revenue rose from A$797 million last year, but profits fell from A$108 million net profit.
- On April 17, J.P. Morgan maintained a Hold rating on Light & Wonder (ASX: LNW).

**Companies:** Morgan Stanley, Light & Wonder, Inc.
**Countries:** Australia, United States

[Read the full story on Markets Insider](https://markets.businessinsider.com/news/stocks/light-wonder-inc-shs-chess-depository-interests-repr-1-sh-lnw-receives-a-buy-from-morgan-stanley-1036065310)

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