Goldman Sachs upgraded Las Vegas Sands (LVS) to Buy from Neutral with a price target of $80, up from $64. The firm adjusted ratings in the gaming and lodging group as part of its 2026 outlook. Goldman expects a “mixed” 2026 for gaming and lodging, “with another year of the haves and have-nots.” It finds it too early to call an inflection and take a positive view on gaming. In lodging, the analyst expects U.S. RevPAR growth to accelerate from 2025 with some help from the World Cup and stimulus.
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