** Shares of casino operator Las Vegas Sands Corp LVS.N up 2.7% at $51.22, premarket
** Brokerage Jefferies raises the stock to "buy" from "hold"; raises PT to $69 from $60
** Jefferies expects co's strategic upgrades and strong balance sheet to contribute to strong performance in the coming years
** LVS' focus on upgrades in Macau and Singapore to benefit 2025-26 estimates, while also using its sector-leading B/S (balance sheet) to repurchase more shares than past - brokerage
** 15 of 20 brokerages rate the stock "buy" or "higher", 5 "hold"; with a median PT of $60, according to data compiled by LSEG
** Stock was up 4.4% in 2024
(Reporting by Rupali Chaudhary in Bengaluru)
((Rupali.Chaudhary@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.