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UPDATE: Morgan Stanley Raises PT on Las Vegas Sands Following Investor Connect Survey

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Morgan Stanley Likes The Odds Of A Las Vegas Sands Investment
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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.

Latest Ratings for LVS

DateFirmActionFromTo
Nov 2017Morgan StanleyUpgradesEqual-WeightOverweight
Oct 2017NomuraMaintainsNeutral
Oct 2017Deutsche BankMaintainsHold

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Posted-In: Morgan StanleyAnalyst Color Price Target Analyst Ratings

 

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