UPDATE: Brean Murray Carret Lowers Target on Las Vegas Sands to $64

Brean Murray Carret raises its price target $7 to $64 on Buy-rated Las Vegas Sands LVS on impressive growth on Macau revenue trends. Brean Murray Carret notes, "We expect March gaming revenue to be up about 30% following a 28% increase QTD through February. After growth decelerated towards the end of 2011 to a 25% YoY increase in December, the trends to start 2012 are certainly better than expected. Our 2012 Macau estimates incorporate market growth of 21% which could prove conservative given trends thus far in Q1." LVS closed at $57.53 on Friday.