UPDATE: Barclays Raises PT on Las Vegas Sands on Good Market Position

In a report published Wednesday, Barclays Capital analyst Felicia R. Hendrix reiterated an Overweight rating on Las Vegas Sands Corp. (NYSE: LVS), and raised the price target from $65.00 to $75.00.

In the report, Barclays Capital noted, “LVS is well positioned in two of the largest gaming markets in the world: Macau and Singapore. In particular, LVS' Cotai positioning is an advantage in 2013 due to mass market driven growth in Macau. Market share gains in the VIP segment in Macau and a Singapore recovery could add upside.”

Las Vegas Sands Corp. closed on Tuesday at $69.11.