Las Vegas Sands (LVS): Mizuho Adjusts Price Target Amid Challenges | LVS Stock News

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2 days ago
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In recent evaluations, Mizuho analyst Ben Chaiken adjusted the price target for Las Vegas Sands (LVS, Financial), lowering it from $57 to $47 while maintaining an Outperform rating. This alteration reflects challenges the company is currently facing, including sequential declines in market share and margin pressures, which have impacted its financial outcomes.

Despite these issues, the firm believes there is some valuation support for Las Vegas Sands (LVS, Financial) shares. However, it also indicates that Macau, a significant market for the company, currently lacks necessary growth drivers. Consequently, Mizuho suggests that estimations for the company should be revised downward in light of the present market conditions.

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