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NaBH4 is preferred over LiAlH4 in this reaction because it is a milder reducing agent and can selectively reduce aldehydes and ketones to alcohols without reducing other functional groups like esters or carboxylic acids. LiAlH4, on the other hand, is a much stronger reducing agent and would likely reduce all of these functional groups.
Source:
Organic Chemistry, 10th Edition
by Paula Yurkanis Bruice