Why Las Vegas Sands (LVS) Stock Is Down Today

NEW YORK (TheStreet) -- Las Vegas Sands (LVS) was falling -1.2% to $74.24 Friday following notes from FBR Capital and UBS.

UBS removed Las Vegas Sands from its Most Preferred List, saying the casino operator has less to fall back on if growth in Asian markets is below expectations.

Separately, in a note to investors FBR Capital said it sees second-quarter growth in Macau tracking around 10% and below consensus. The firm's analysts said the growth could put downward pressure on estimates for Las Vegas Sands and competitor Wynn Resorts (WYNN) as well as MGM Resorts (MGM).

FBR Capital reiterated a "market perform" rating for Las Vegas Sands, with a price target of $85.

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Separately, TheStreet Ratings team rates LAS VEGAS SANDS CORP as a Buy with a ratings score of A. TheStreet Ratings Team has this to say about their recommendation:

"We rate LAS VEGAS SANDS CORP (LVS) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, expanding profit margins, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated."

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