** ASX-listed shares of Light & Wonder slip as much as 3.6% to A$129.74, extending losses to fifth straight session
** J.P Morgan cuts PT to A$150 from A$170; retains "overweight"
** Slashes U.S-based gaming co's FY25 earnings estimate by 2% to reflect the removal of Dragon Train poker machine game from sales and earnings
** "We believe LNW will still generate mid- to high-single-digit EBITDA growth through FY25/FY26"
** U.S. court granted preliminary injunction to rival Aristocrat Leisure's unit relating to L&W's Dragon Train game
** Avg rating of analysts is "buy"; their median PT is A$175 – LSEG
** YTD, stock gains ~8.4%
(Reporting by Archishma Iyer)
((Archishma.Iyer@thomsonreuters.com;))
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