** Deutsche Bank cuts PT on casino operator Las Vegas Sands LVS.N to $59 from $62; maintains "buy" rating
** Brokerage says it sees little reason for "heroic forecasts" at current valuation levels, as shares remain inexpensive
** Says a combination of an acceleration in Macau market gross gaming ratio performance, increase in LVS' Macau market share in Q2 and beyond, a cooling geopolitical environment, and/or change in sentiment around the macro-economic picture in China would help LVS shares
** New PT still implies ~84% upside to stock's last close
** 14 of 19 brokerages rate the stock "buy" or higher and 5 "hold"; their median PT is $58 - LSEG data
** As of last close, stock down 35.6% YTD
(Reporting by Anshuman Tripathy)
((Anshuman.Tripathy@thomsonreuters.com))
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