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Jefferies shuffles rating on gaming stocks

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Jefferies updated its ratings on several gaming stocks amid growth prospects for 2025 and strategic developments across the sector. The brokerage upgraded Boyd Gaming (NYSE:BYD) and Las Vegas Sands (NYSE:LVS) to "buy" on
The article from MSN Money discusses Jefferies' recent analysis and rating changes for several gaming stocks. Jefferies has upgraded its rating on Light & Wonder, Inc. from "Hold" to "Buy," citing the company's strong performance in the gaming technology sector and its potential for growth. Conversely, the firm downgraded International Game Technology PLC (IGT) from "Buy" to "Hold," due to concerns over its market position and competitive pressures. Additionally, Jefferies maintained its "Hold" rating on PlayAGS, Inc., suggesting a cautious approach to this stock despite some positive developments. The report highlights shifts in market dynamics, including regulatory changes and technological advancements, influencing these rating decisions.

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