UPDATE: Credit Suisse Raises PT on Las Vegas Sands to $64

Credit Suisse reiterates its Outperform rating on Las Vegas Sands LVS up $4 to $64, as it believes the company's shares have still room to run. Credit Suisse says, "LVS shares have been on a roll YTD up 33% vs. a 9% gain in the S&P 500. Lately, as LVS has surged, investors have asked how high we think the stock can go. While we feel that LVS is well-owned and arguably a bit crowded across the Street (21 OP equivalents amongst 25 covering analysts), we believe that there are a number of key near-term/long-term catalysts that can propel shares higher." LVS closed at $56.38 a share on Friday.
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Posted In: Analyst ColorPrice TargetReiterationPre-Market OutlookAnalyst RatingsCasinos & GamingConsumer DiscretionaryCredit Suisse
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