UPDATE: Morgan Stanley Reiterates On Las Vegas Sands Following 2014 Shareholder Meeting

In a report published Thursday, Morgan Stanley analyst Thomas Allen reiterated an Overweight rating on Las Vegas Sands (NYSE: LVS), but removed the $90.00 price target.In the report, Morgan Stanley noted, “LVS' shareholder meeting highlighted many of the positive attributes that we like about the company (high FCF and capital returns, strong structural growth story, etc). The meeting also clarified a few things that we believe there has been some misunderstanding around.”Las Vegas Sands closed on Wednesday at $76.18.