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"JPMorgan Upgrades $LVS to Overweight from Neutral Raises PT to $XX from $XX Analyst comments: "Underlying our upgrade is our more positive view on Singapore balanced by our expectation that Macau estimates are reasonably set here. We think (1) Singapore is mispriced at an implied $27/sh (11x forward EBITDA) versus our $37/sh estimate (13x forward EBITDA); we think 13x appropriately reflects MBSs asset quality and estimate upside (high-end Southeast Asia gaming play side bets/table hold); (2) theres potential upside to 3Q Singapore EBITDA estimates with 2Q showing the propertys EBITDA ceiling"
X Link @wallstengine 2025-10-16T07:16Z 97.8K followers, 7845 engagements