Las Vegas Sands price target lowered to $51 from $53 at Barclays

Barclays lowered the firm’s price target on Las Vegas Sands (LVS) to $51 from $53 and keeps an Overweight rating on the shares following the Q1 report. Macau surprised to the downside, but Q1 should be the company’s market share trough, the analyst tells investors in a research note. The firm says Singapore “comes to the rescue again” in Q1. It believes Las Vegas Sands’ risk/reward “remains compelling.”