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Las Vegas Sands Stock Soars After Earnings. Bull Case Is Back on Track, Analyst Says. - Barron's

1. LVS shares rose 10% despite missing Q4 earnings expectations. 2. Investors focused on share buyback and Singapore's profitable performance. 3. Earnings were 54 cents on revenue of $2.9 billion, missing estimates. 4. Analysts reiterated positive ratings amid upcoming hotel improvements. 5. Average target price from analysts suggests 24% upside potential.

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FAQ

Why Bullish?

The robust share buyback and optimism over Singapore operations are key positives, reflecting strong investor sentiment despite the weak earnings report. Previous examples show LVS often rebounds after buyback announcements.

How important is it?

The article discusses significant developments in LVS that may influence stock performance, particularly buybacks and earnings outlook, making it important for investors.

Why Short Term?

Immediate investor reaction to both buybacks and analyst upgrades could lead to a brief stock increase, similar to past trends following positive news, but long-term impacts depend on market share recovery.

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