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.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LVS:
- Las Vegas Sands price target raised to $62 from $60 at JPMorgan
- Bet On It: Senator says FanDuel, DraftKings should face antitrust probe
- Robinhood CEO says ‘keenly looking into’ sports betting space
- Las Vegas Sands call volume above normal and directionally bullish
- Nevada reports October statewide gaming win down 2.19% to $1.29B