Morgan Stanley Maintains Overweight on Las Vegas Sands, Raises Price Target to $61
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Grambling has maintained an Overweight rating on Las Vegas Sands (NYSE:LVS) and increased the price target from $59 to $61.
February 07, 2024 | 8:20 pm
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POSITIVE IMPACT
Morgan Stanley has reaffirmed its Overweight rating on Las Vegas Sands and raised the price target from $59 to $61.
The upgrade in the price target by a reputable analyst like Stephen Grambling from Morgan Stanley is a strong positive signal for Las Vegas Sands. It suggests confidence in the company's future performance and potential for stock price appreciation. This is likely to be viewed positively by investors and could lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100