Nomura Securities Reiterates a 'Buy' on Las Vegas Sands (LVS); Q3 Review

Nomura Securities reiterates a 'Buy' on Las Vegas Sands (NYSE: LVS) price target raised PT from $58 to $62.

Nomura analyst, Harry Curtis, said, "In Singapore, we expect growth in all segments, however, VIP could be lumpy. In Macau, two new junkets will be added to Plaza Casino in November 2011.We expect to see a more significant impact from VIP rebuild in H1’12. In Las Vegas, Q3 strength came from Baccarat play and RevPAR."

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 $45.40 yesterday.

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