Sands (LVS) Shares Outpace Peers; Analysts Bullish on Singapore Junkets
Get Alerts LVS Hot Sheet
Price: $46.08 +0.52%
Rating Summary:
27 Buy, 12 Hold, 0 Sell
Rating Trend: Up
Today's Overall Ratings:
Up: 10 | Down: 12 | New: 7
Rating Summary:
27 Buy, 12 Hold, 0 Sell
Rating Trend: Up
Today's Overall Ratings:
Up: 10 | Down: 12 | New: 7
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Shares of Las Vegas Sands (NYSE: LVS) are up nearly 0.8 percent Thursday morning while shares of Wynn (Nasdaq: WYNN) and MGM (NYSE: MGM) are down 1.5 percent and 0.2 percent, respectively.
J.P. Morgan said Sands stock is likely to see some upside following the earlier-than-expected approval by Singapore's casino authority for junket operators.
Morgan Stanley believes Singapore junket approval would be a "significant" positive for Sands. Approval would also ease concern Singapore is not a "growing" market, the firm said. Approval could add about $3 per share for Sands.
J.P. Morgan maintains an Overweight rating and $61 target, while Morgan stanley boosted its target from $56 to $65 and kept an Overweight rating.
Visit our Analyst Ratings page to track all the market-moving analyst calls on shares of Las Vegas Sands.
J.P. Morgan said Sands stock is likely to see some upside following the earlier-than-expected approval by Singapore's casino authority for junket operators.
Morgan Stanley believes Singapore junket approval would be a "significant" positive for Sands. Approval would also ease concern Singapore is not a "growing" market, the firm said. Approval could add about $3 per share for Sands.
J.P. Morgan maintains an Overweight rating and $61 target, while Morgan stanley boosted its target from $56 to $65 and kept an Overweight rating.
Visit our Analyst Ratings page to track all the market-moving analyst calls on shares of Las Vegas Sands.
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