Stifel Maintains Buy on Las Vegas Sands, Lowers Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Steven Wieczynski maintains a Buy rating on Las Vegas Sands (LVS) but lowers the price target from $70 to $65.

April 18, 2024 | 5:35 pm
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Stifel maintains a Buy rating on Las Vegas Sands but lowers the price target from $70 to $65.
The adjustment in price target by Stifel reflects a recalibration of expectations for Las Vegas Sands, likely due to updated market or company-specific forecasts. While the reduction in price target could suggest a more conservative outlook on the stock's short-term price movement, the maintenance of a Buy rating indicates a continued positive long-term view on the company's fundamentals. This mixed signal could lead to neutral short-term price movement as investors digest the implications of the revised price target against the backdrop of ongoing bullish sentiment.
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IMPORTANCE 75
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