Susquehanna Maintains Positive on Melco Resorts and Enter, Lowers Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Joseph Stauff maintains a Positive rating on Melco Resorts and Enter (NASDAQ:MLCO), but lowers the price target from $15 to $11.
April 29, 2024 | 12:47 pm
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NEGATIVE IMPACT
Susquehanna maintains a Positive rating on MLCO but reduces the price target from $15 to $11.
The reduction in price target by Susquehanna, despite maintaining a Positive rating, could lead to short-term negative sentiment among investors, potentially impacting MLCO's stock price negatively in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100