** Barclays cut PT on some U.S. casino operators on longer-than-expected slowdown in Las Vegas and Macau
** Brokerage cuts its Price Targets on Las Vegas Sands Corp LVS.N, Caesars Entertainment CZR.O, MGM Resorts MGM.N, and WYNN Resorts WYNN.O
** Says "protracted slowdown will hurt Las Vegas more than regionals or digital"
** Barclays keeps rating for all four co's unchanged at 'overweight'
** As of last close, S&P 500 Casinos & Gaming index .SPLRCCCGL declined 26.2% YTD
Company | New PT | Old PT |
Las Vegas Sands | $53 | $58 |
MGM Resorts | $41 | $47 |
Wynn Resorts | $99 | $116 |
Caesars Entertainment | $44 | $54 |
(Reporting by Apratim Sarkar)
((Apratim.Sarkar@thomsonreuters.com))
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