Macquarie Initiates Coverage On Melco Resorts and Enter with Outperform Rating, Announces Price Target of $16.3
Portfolio Pulse from richadhand@benzinga.com
Macquarie analyst Zibo Chen has initiated coverage on Melco Resorts and Enter (NASDAQ:MLCO) with an Outperform rating and a price target of $16.3.
July 18, 2023 | 10:37 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Melco Resorts and Enter has received an Outperform rating from Macquarie with a price target of $16.3.
The Outperform rating from Macquarie indicates a positive outlook for Melco Resorts and Enter. The price target of $16.3 suggests that the analyst believes the stock has potential for significant growth. This could lead to increased investor interest and a potential rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100