Citi raised the firm’s price target on Las Vegas Sands (LVS) to $67 from $64.50 and keeps a Buy rating on the shares. The firm says Marina Bay Sands positively surprised the market by delivering a Q4 EBITDA significantly above $500M. The firm continues to like Las Vegas Sands’ Macau property EBITDA recovery prospects given the phased opening of Londoner Grand. The stock remains the analyst’s “Global Top Pick.”
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