UPDATE: Morgan Stanley Raises PT on Las Vegas Sands Following Investor Connect Survey
In a report published Monday, Morgan Stanley analyst Thomas Allen reiterated an Overweight rating on Las Vegas Sands Corp. (NYSE: 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[.]”
Las Vegas Sands Corp. closed on Friday at $53.84.
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