Stifel analyst Steven Wieczynski raised the firm’s price target on Las Vegas Sands to $66 from $60 and keeps a Buy rating on the shares, telling investors that it "really is amazing how quickly investor sentiment has changed around Macau-centric operators" compared to six months ago. Given the view that "pent-up demand will be put on full display for the foreseeable future," the firm believes shares can grind higher as long as visitation/spend patterns remain healthy over the next couple of months for Las Vegas Sands and other Macau-centric names.
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Published first on TheFly
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