The casino and resort operator reported a strong second quarter. Mizuho raised its price target to $56 from $47, and reiterated an Outperform rating.

Casino operator Las Vegas Sands beat analysts' expectations for second-quarter profit and revenue on Wednesday, driven by strength in its Singapore and Macao businesses, sending its shares up 4.6% in trading after the bell.

The Details: Las Vegas Sands reported quarterly earnings of 79 cents per share, which beat the Street consensus estimate of 53 cents. Quarterly revenue came in at $3.17 billion, which beat the analyst estimate of $2.82 billion and is up from $2.761 billion in the prior year’s quarter.