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Citi ups Las Vegas Sands target, opens ‘upside 30-day catalyst watch’

Citi analyst George Choi raised the firm’s price target on Las Vegas Sands (LVS) to $78.50 from $76.75 and keeps a Buy rating on the shares. Citi also added an “upside 30-day catalyst watch” on Las Vegas Sands. The firm expects Sands China’s Q1 EBITDA to rise 20% year-over-year on market share gains and an easy compare. The shares could rally post earnings on the above-peer EBITDA growth, the analyst tells investors in a research note.

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