Wells Fargo Maintains Overweight on Las Vegas Sands, Lowers Price Target to $69
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Daniel Politzer has maintained an Overweight rating on Las Vegas Sands (NYSE:LVS) but lowered the price target from $71 to $69.
July 20, 2023 | 12:41 pm
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Las Vegas Sands' price target has been lowered from $71 to $69 by Wells Fargo, though the Overweight rating is maintained.
The lowering of the price target by Wells Fargo could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained Overweight rating indicates that the analyst still sees potential upside, which could balance out the negative impact.
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