Las Vegas Sands price target raised to $61 from $58 at Barclays

Barclays analyst Brandt Montour raised the firm’s price target on Las Vegas Sands (LVS) to $61 from $58 and keeps an Overweight rating on the shares as part of a 2025 outlook for the U.S. gaming, lodging and leisure group. A “re-energized consumer” and relative lack of tariff exposure favors travel and experiences businesses in 2025, the analyst tells investors in a research note. The firm says lodging stocks “appear overly optimistic,” gaming has been left behind, and cruise “still has some fuel left in the bunker.” Barclays thinks the cruise recovery is in its “6th or 7th inning” and expects another year of share outperformance in 2025. Digital gaming remains one of its favorite sectors.