Analyst David Katz spotlighted Light & Wonder's hefty outlay...

Analyst David Katz spotlighted Light & Wonder's hefty outlays in land-gaming and hardware to amplify competitiveness. The new collaboration with Squid Games and amplified R&D emphasis denote a continued 'arms race', praised Katz. He commended the firm's output and future potency, entrenching Jefferies' bullish stance with a Buy rating.