** Analysts at Citi lower PT for Australia-listed shares of Light & Wonder LNW.AX to A$193, retain "buy" rating
** The U.S.-based gaming company on Thursday reported first-quarter adj. EBITDA of $311 mln, nearly 1% below Visible Alpha consensus
** Brokerage lowers adj. EBITDA estimates by about 1% for both FY25 and FY26
** Twelve of 13 analysts rate the stock "buy" or higher, one rates it hold; with a median price target of A$195, according to data compiled by LSEG
** Stock last down 2.9% YTD
(Reporting by Jasmeen Ara Shaikh in Bengaluru)
((JasmeenAraIslam.Shaikh@thomsonreuters.com;))
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