US EditionMacquarie lowers Las Vegas Sands forecasts, target price on Macau uncertainty
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Macquarie lowers Las Vegas Sands forecasts, target price on Macau uncertainty
Macquarie has lowered its target price for Las Vegas Sands Corp (LVS) and adjusted down its EBITDA forecast for the next three years due to the impact of tariff headlines on the company’s Macau outlook. In a Thursday note following release of Las Vegas Sands’ 1Q25 earnings – which sae Macau EBITDA miss consensus by 7%, analysts Chad Beynon, Aaron Lee and Sam Ghafir said they were adopting a more cautious outlook for Macau with 2025 EBITDA foreca…
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