LVS: The Sell Rating is Gone, and Estimates have Been Increased
Looking at the analyst pages on yahoo, I see where the lone sell rating on LVS was removed following the conference call. I also see that the aggregate analyst EPS estimate for Q1 and FY13 have been bumped higher.
It's also noteworthy that all of that happened before the current slide in LVS's stock price, which is occuring even as the Lunar New Year results are showing strong results in Macau's Mass Market patronage and revenues.
Sands is the dominant player in mass market business in Macau... an attribute that is only made more dominant with the full opening of the mass-market oriented Cotai Central development.