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<Research>M Stanley Expects SANDS CHINA LTD to Outperform Mkt in Next 60 Days; Rating Overweight
Recommend 19 Positive 36 Negative 11 |
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Morgan Stanley released a research report believing that SANDS CHINA LTD (01928.HK)'s share price will outperform the market in the next 60 days, with a probability for the scenario of over 80%, with a target price of $20.5. Recent stimulus policies in China benefited investor sentiment, which is believed to be helping Macau casinos as well. Morgan Stanley upgraded SANDS CHINA LTD to Overweight for its visible catalysts such as improving market share as the renovation disruptions peaked, and a gradual dividend recovery from 2025. AAStocks Financial News |
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