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Fly News Breaks for March 5, 2015
MGM, WYNN, LVS
Mar 5, 2015 | 06:23 EDT
Citigroup says Las Vegas Sands is the most defensive stock among the three U.S. large-cap gaming stocks. It sees little risk to the company's dividends and notes management has a "perfect track record" of delivering its guidance. Citi, however, sees "significant risk" of Sands China getting a lot fewer new tables for the Paristhemed Parisian from the government than it asked for. The firm dropped its FY15 Macau gross gaming revenue growth forecast to down 16% from down 4% and lowered its price target for Las Vegas Sands to $66 from $68. It keeps a Buy rating on the stock.
News For LVS;WYNN;MGM From the Last 2 Days
LVS, WYNN, MGM
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