Las Vegas Sands (LVS) Misses Q1 EPS by 6c

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Go back to Las Vegas Sands (LVS) Misses Q1 EPS by 6c

Sterne Agee CRT Sticks With Buy rating on Las Vegas Sands (LVS) Despite Key New Negatives

April 23, 2015 8:43 AM EDT

Sterne Agee CRT analyst David Bain lowered estimates and his price target on Las Vegas Sands (NYSE: LVS) to $60.00 (from $63.00) following weak Q1 Macau results but maintained a Buy rating on the solid long-term story.

Bain commented, "Following relatively weak 1Q15 Macau results driven by worse than feared Macau margins, we believe a solid long-term story became a little longer-term and while we remain Buy... More