Goldman Sachs Upgrading Las Vegas Sands

Goldman Sachs is out with a research report on Las Vegas Sands LVS and is upgrading shares to Buy with a $52 price target. In a note to clients, Goldman Sachs writes, "We are upgrading shares of Las Vegas Sands (LVS) to Buy from Neutral and raising 12-month our price target to $52, implying 13% upside from current levels. As we approach the end of 2011 and look ahead to 2012, the company's attractive geographic position (highest exposure to Asia), “same-store” sales and unit growth potential, strong balance sheet, and compelling valuation make LVS one of the most attractive stocks in our coverage universe." Shares of LVS gained 75 cents yesterday to close at $45.85.