Morgan Stanley analyst Stephen Grambling raised the firm’s price target on Las Vegas Sands (LVS) to $67 from $66 and keeps an Equal Weight rating on the shares. Q1 demand trends have improved, but data is mixed by sub-segment, the analyst tells investors in a preview for the casino gaming group. The firm expects few misses and for most companies to stay relatively conservative with outlooks, the analyst added.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LVS:
- Appeals court rules NJ can’t stop Kalshi bets on sports, Reuters says
- Netflix upgraded, Carvana downgraded: Wall Street’s top analyst calls
- Las Vegas Sands downgraded to Hold from Buy at Jefferies
- Macau reports March casino revenue up 15% to 22.61B patacas
- 3 Best Growth Stocks to Buy This Week, According to Analysts