UPDATE: Morgan Stanley Reiterates Overweight Rating, Raises PT on Las Vegas Sands Corp. Following Investor Connect Survey

In a report published Monday, Morgan Stanley analyst Thomas Allen reiterated an Overweight rating on Las Vegas Sands Corp. LVS, and raised the price target from $60.00 to $63.00. In the report, Allen noted, “We recently conducted an Investor Connect survey on factors that will drive LVS. Investors were on average positive on all 7 points, and put capital returns & Macau as the key positive drivers for the stock. We believe we're more bullish than peers on prospects for both; reiterate OW, raise PT $3 to $63.” Las Vegas Sands Corp. closed on Friday at $53.84.