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Las Vegas Sands upgraded to Buy from Hold at Argus

Argus upgraded Las Vegas Sands (LVS) to Buy from Hold with a $60 price target Continued capital investments at the Marina Bay Sands in Singapore are likely to enable Las Vegas Sands to achieve its EBITDA goals sooner than anticipated, while in Macau, management’s focus on customer promotions and renovations to its Londoner resort should lead to accelerated revenue growth, the analyst tells investors in a research note.

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