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Fly News Breaks for October 16, 2018
SCHYY, LVS
Oct 16, 2018 | 09:53 EDT
HSBC analyst Charlene Liu last night upgraded Las Vegas Sands (LVS) to Buy from Hold while lowering her price target for the shares to $69 from $78.10. The stock in early trading is up 1%, or 72c, to $56.54. The analyst cites the recent pullback in the shares for the upgrade of Las Vegas Sands, but admits she prefers direct exposure to Macau through the company's Hong Kong-listed subsidiary Sands China (SCHYY). Liu also continues to like Macau over Singapore for its "bigger market size and higher growth potential."
News For LVS;SCHYY From the Last 2 Days
