Barclays lowered the firm’s price target on Las Vegas Sands to $64 from $69 and keeps an Overweight rating on the shares post the Q3 report. The firm’s out-year estimates moved lower on general China macro conservatism, and it remains positive on the shares citing the “continued recovery and washed out sentiment/valuation.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on LVS:
- Early notable gainers among liquid option names on October 19th
- Las Vegas Sands Q3 report likely ‘clearing event,’ says Deutsche Bank
- Las Vegas Sands (NYSE:LVS) Spikes on Robust Top Line Beat, $2B Share Buyback
- Las Vegas Sands reports Q3 Macao adjusted property EBITDA $631M
- Las Vegas Sands Reports Third Quarter 2023 Results