Las Vegas Sands price target raised to $68 from $60 at Stifel

Stifel raised the firm’s price target on Las Vegas Sands (LVS) to $68 from $60 and keeps a Buy rating on the shares. Singapore “stole the show” as every quarter it seems like MBS sets new records, the analyst tells investors in a post-earnings note. The analyst would argue the shares remain undervalued, “especially when looking at what we believe MBS is worth on its own,” and adds that Las Vegas Sands “remains one of the best capital return stories across our coverage universe.”