Barclays analyst Brandt Montour raised the firm’s price target on Las Vegas Sands to $58 from $52 and keeps an Overweight rating on the shares as part of a Q3 earnings preview for the gaming space. Macau hopes are high, while expectations for Las Vegas Strip and Locals have come in, the analyst tells investor sin a research note. The firm says regionals trends “remain muted,” with weather an additional headwind.
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