Las Vegas Sands Reaches Analyst Target Price
July 27, 2016 at 07:35 AM EDT
In recent trading, shares of Las Vegas Sands Corp (LVS) have crossed above the average analyst 12-month target price of $49.50, changing hands for $50.62/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..