Las Vegas Sands price target raised to $97 from $92.50 at Citigroup Citigroup raised its price target for shares of Las Vegas Sands to $97 citing strong growth trends in Macau and Las Vegas. Citi calls Las Vegas Sands its top pick in the U.S. large-cap gaming space and keeps a Buy rating on the stock.
News For LVS From The Last 14 Days
Check below for free stories on LVS the last two weeks.
Macau estimates lowered at Morgan Stanle Morgan Stanley lowered Macau 2014 growth estimates to 6% from 12% and 2015 to 11% from 12.5% due to expectations for VIP trends to continue to deteriorate given the China macro impact and notes slowing mass growth rates.
Las Vegas Sands receives construction permit for Parisian Macao Las Vegas Sands announced that the company has received the government permit needed for construction on the $2.7B Parisian Macao to resume this week. The company said additional permits will be necessary as the development continues, but after undergoing a brief work stoppage, this approval enables work on the critical podium structure to restart immediately.