Jefferies Downgrades Las Vegas Sands to Hold, Lowers Price Target to $65
Portfolio Pulse from richadhand@benzinga.com
Jefferies analyst David Katz downgrades Las Vegas Sands (NYSE:LVS) from Buy to Hold and lowers the price target from $69 to $65.
June 08, 2023 | 11:04 am
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Las Vegas Sands downgraded to Hold by Jefferies, with a lowered price target of $65.
The downgrade from Buy to Hold and the lowering of the price target from $69 to $65 by Jefferies analyst David Katz indicates a less optimistic outlook for Las Vegas Sands. This could lead to a short-term negative impact on the stock price as investors may adjust their positions based on the new rating and price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100