Las Vegas Sands Stock Slips on Downgrade
LVSC(LVS) Schaeffers Investment Research·2024-08-23 23:07
Shares of Las Vegas Sands Corp (NYSE:LVS) are down 1.4% at $40.49 at last glance, after a downgrade from UBS to "neutral" from "buy." The firm also threw in a price-target cut to $49 from $70. This negative price action has LVS on track to post its second loss in eight sessions, after the shares yesterday snapped a seven-day win streak. The casino stock has been climbing since its Aug. 5, 52-week low of $36.62, though still sporting a 17.7% year-to-date deficit. A short-term dip could've already been in the ...