Las Vegas Sands Gets Price Target Bumps By Analysts Following Upbeat Q1 Results

Las Vegas Sands Corp LVS reported better-than-expected first-quarter results.

Las Vegas Sands reported first-quarter revenue of $2.12 billion, which beat average analyst estimates of $1.82 billion. The company reported quarterly earnings of 28 cents per share, which beat estimates of 18 cents per share.

Las Vegas Sands shares gained 4.4% to $61.99 on Thursday.

These analysts made changes to their price targets on Las Vegas Sands following earnings announcement.

• Roth MKM raised the price target on Las Vegas Sands from $74 to $75. Roth MKM analyst Ed Engel maintained a Buy rating.
• Stifel boosted the price target on Las Vegas Sands from $66 to $73. Stifel analyst Steven Wieczynski maintained a Buy rating.
• B of A Securities raised the price target on Las Vegas Sands from $62 to $66. B of A Securities analyst Shaun Kelley maintained the stock with a Neutral rating.
• Morgan Stanley boosted the price target on Las Vegas Sands from $64 to $69. Morgan Stanley analyst Stephen Grambling maintained the stock with an Overweight.
• JP Morgan lowered the price target on Las Vegas Sands from $69 to $71. JP Morgan analyst Joseph Greff maintained the stock with an Overweight.
• Barclays increased the price target on Las Vegas Sands from $64 to $69. Barclays analyst Brandt Montour maintained an Overweight rating on the stock.
• Deutsche Bank boosted the Las Vegas Sands price target from $69 to $74. Deutsche Bank analyst Carlo Santarelli maintained a Buy rating on the stock.

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