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Fly News Breaks for April 21, 2016
LVS
Apr 21, 2016 | 06:00 EDT
JPMorgan analyst Joseph Greff downgraded Las Vegas Sands to Neutral saying the shares are likely to be range-bound until the Macau market shows signs of stabilization. The stock at current levels has "gotten ahead of itself" amid expectations for improving Macau fundamentals, Greff tells investors in a research note. He raised his price target for the shares to $52 from $46.