0055 GMT - Slot machine maker Aristocrat Leisure looks a better bet to Jarden after its stock fell some 20% from its February high. Jarden upgrades Aristocrat to overweight, from neutral, while keeping its target price steady at A$68.00/share. "We now see an appropriate entry point, with a margin of safety capable of compensating U.S. consumer concerns and risks around capital allocation," says analyst Rohan Gallagher. "For a long time, the gaming industry has demonstrated remarkable resilience to changing economic times." Aristocrat is down 0.2% at A$62.31. (david.winning@wsj.com; @dwinningWSJ)
(END) Dow Jones Newswires
April 21, 2025 20:55 ET (00:55 GMT)
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