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The substantial target reduction is bearish, though the revised target still implies upside from the posted price.
What happened, with direct paths to the underlying reporting
Susquehanna lowered its LVS price target by about 22%, a notably negative revision. The new target remains above the posted price of $38.17, so this is a bearish analyst signal rather than a claim that the analyst sees downside from that price.
Target: $51
Posted price: $38.17
Analyst firm: Susquehanna
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