How to get instance of referenced entity - The path to referenced entity is very long

ReferencedEntityLoad.php

<?php
// $id = some node ID
// $field = field name for entity reference field
$node = Node::load($id);

/** @var \Drupal\Core\Field\Plugin\Field\FieldType\EntityReferenceItem $referenceItem */
$referenceItem = $node->get($field)->first();

/** @var \Drupal\Core\Entity\Plugin\DataType\EntityReference $entityReference */
$entityReference = $referenceItem->get('entity');

/** @var \Drupal\Core\Entity\Plugin\DataType\EntityAdapter $entityAdapter */
$entityAdapter = $entityReference->getTarget();

/** @var \Drupal\Core\Entity\EntityInterface $referencedEntity */
$referencedEntity = $entityAdapter->getValue();

// At this point $referencedEntity is the referenced entity object.

/**
 * Sort mode
 */
$referencedEntity = $node
  ->get($field)
  ->first()
  ->get('entity')
  ->getTarget()
  ->getValue();