B of A Securities Upgrades Melco Resorts and Enter to Buy, Raises Price Target to $10.4
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has upgraded Melco Resorts and Enter (NASDAQ:MLCO) from Neutral to Buy and raised the price target from $7.5 to $10.4.
May 29, 2024 | 10:19 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
B of A Securities has upgraded Melco Resorts and Enter (NASDAQ:MLCO) from Neutral to Buy and raised the price target from $7.5 to $10.4.
The upgrade from Neutral to Buy and the significant increase in the price target from $7.5 to $10.4 by B of A Securities is likely to positively impact MLCO's stock price in the short term. Such upgrades typically signal strong confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100