Brean Murray Carret & Co. Starts Las Vegas Sands (LVS) at Buy; Growth Pipeline to Provide More Upside From Here

Brean Murray Carret & Co. initiates coverage on Las Vegas Sands (NYSE: LVS) with a Buy. PT $53.

Brean analyst says, "Given returns generated to date in Asia, the expansion underway on Cotai, and upside potential in Singapore, we believe LVS will generate strong returns for long-term investors. Although the opening of Galaxy in Cotai could negatively impact market share in the near-tern, we believe that over the longer term, LVS is among the best positioned to capture the continued growth in Cotai."

For more ratings news on Las Vegas Sands click here and for the rating history of Las Vegas Sands click here.

Shares of Las Vegas Sands closed at $43.82 yesterday.

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