Las Vegas Sands Corp. (NYSE:LVS): Deutsche Bank lowered its estimates for both Las Vegas Sands (NYSE:LVS) and Wynn Resorts (NASDAQ:WYNN) after visiting Macau, but keeps Buy ratings on both stocks. The firm lowered its price target for shares of Las Vegas Sands to $58 from $68 and for Wynn Resorts to $144 from $177.
Nordstrom Inc. (NYSE:JWN): Deutsche Bank believes Nordstrom is the best positioned department store in the second half of 2012 and 2013 and maintains a Buy rating on the stock with a $63 price target. The firm thinks near-term risks are priced into shares at current levels.
Macy’s, Inc. (NYSE:M): Citigroup removed Macy’s from its Top Picks Live list citing valuation and challenging Q2 same-store-sales comparisons. However, Citi keeps a Buy rating on the stock with a $49 price target.
Synergetics USA, Inc. (NASDAQ:SURG): Benchmark Co. calls last week’s sell-off in shares of Synergetics an outstanding buying opportunity and keeps a Buy rating on the stock. The firm believes the company’s preannounced Q3 earnings miss will prove a short-term distraction only.
Monster Beverage Corporation (NASDAQ:MNST): Goldman raised Monster Beverage estimates due to to increased international profitability and the likelihood of an sizable share repurchase program. Shares are Conviction Buy rated with a $82 price target, up from $77.
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