Story updated at 9:45 p.m. to reflect market activity.
Shares of Las Vegas Sands fell -0.1% to $68.50 in morning trading.
The analyst firm also lowered its EPS estimates for the casino operator through 2015. Sterne Agee analysts lowered full year Macau gross gaming revenue estimates to +5% from +9%, saying the casino industry is facing near-term headwinds.
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TheStreet Ratings team rates LAS VEGAS SANDS CORP as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:
"We rate LAS VEGAS SANDS CORP (LVS) a BUY. This is driven by a few notable strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results."
Highlights from the analysis by TheStreet Ratings Team goes as follows: