Mizuho raised the firm’s price target on Las Vegas Sands (LVS) to $63 from $56 and keeps an Outperform rating on the shares. The company reported better than expected EBITDA, driven by share gains in Macau and accelerating side bets in Singapore, the analyst tells investors in a research note. The firm believes the stock should be higher post the recent weakness.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LVS: