Morgan Stanley lowered the firm’s price target on Las Vegas Sands (LVS) to $49 from $51 and keeps an Equal Weight rating on the shares. Following the first two weeks of Q4 earnings from the North American casino gaming group, the firm says Vegas commentary was better to start 2025, regional trends were called out as “stable” following a recovery after the post-election lull and that digital trends are “off to solid start across hold and handle in 2025.”
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