Goldman Lowers Las Vegas Sands Target as Macau Softness Offsets Singapore Strength
Goldman Sachs reduced its 12-month price target for Las Vegas Sands to $73 from $80 while retaining a Buy rating, citing divergent performance across the operator's regional businesses. Singapore outperformed expectations, but Macau fell short of estimates and saw margin pressure. The company also reported a quarterly earnings and revenue beat for …