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Las Vegas Sands (LVS) Receives a Buy from Deutsche Bank

Deutsche Bank analyst Carlo Santarelli maintained a Buy rating on Las Vegas Sands (LVSResearch Report) today and set a price target of $50.00. The company’s shares closed last Monday at $34.68.

According to TipRanks.com, Santarelli is a 5-star analyst with an average return of 18.2% and a 55.1% success rate. Santarelli covers the Services sector, focusing on stocks such as International Game Technology, Hilton Worldwide Holdings, and Marriott International.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Las Vegas Sands with a $45.89 average price target, a 31.4% upside from current levels. In a report issued on July 5, Citigroup also maintained a Buy rating on the stock with a $56.00 price target.

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Las Vegas Sands’ market cap is currently $26.38B and has a P/E ratio of -26.02.

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Founded in 2004, Nevada-based Las Vegas Sands Corp. is a leading global developer of destination properties that feature accommodations, gaming, entertainment and retail, convention and exhibition facilities, celebrity chef restaurants and other amenities. It operates integrated resorts in Asia and the United States.

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