Mizuho Maintains Buy on Las Vegas Sands, Lowers Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Ben Chaiken maintains a Buy rating on Las Vegas Sands (LVS) but lowers the price target from $70 to $65.
April 18, 2024 | 1:15 pm
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NEUTRAL IMPACT
Mizuho maintains a Buy rating on Las Vegas Sands, with a reduced price target from $70 to $65.
The adjustment in price target by Mizuho reflects a recalibration of expectations for Las Vegas Sands, likely due to market conditions or company performance. While the reduction in price target could suggest a tempered outlook, the maintenance of a Buy rating indicates continued confidence in the company's fundamentals. This mixed signal could lead to neutral short-term price movement as investors digest the implications.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100