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<Research>DBS Group Research Trims SANDS CHINA LTD's TP to $29.3 on Low Macro Visibility & Escalating Geopolitical Tensions
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With the full reopening of its Londoner Phase 2 – Londoner Grand, SANDS CHINA LTD (01928.HK) is expected to achieve revenue and earnings CAGR of 11% and 36% for 2024-2026, DBS Group Research noted in its report.

Due to low macro visibility and escalating geopolitical tensions, the broker lowered its target price for SANDS CHINA LTD from $36 to $29.3 and kept the rating at Buy.

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