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Perpetual Ltd Makes New Investment in Las Vegas Sands Corp. $LVS
Perpetual Ltd has acquired a new stake of 31,506 shares in Las Vegas Sands Corp. (NYSE:LVS), valued at approximately $2.05 million. This investment follows strong quarterly results from LVS, which exceeded EPS and revenue expectations and raised its quarterly dividend. Despite a recent share sale by CEO Patrick Dumont, analysts maintain a “Moderate Buy” consensus with an average target price of $68.55 for the casino operator.