Melco Resorts & Entertainment shares are trading higher after B of A Securities upgraded the stock to Buy.
Portfolio Pulse from Benzinga Newsdesk
Melco Resorts & Entertainment shares are trading higher after B of A Securities upgraded the stock to Buy.
May 29, 2024 | 1:28 pm
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POSITIVE IMPACT
Melco Resorts & Entertainment shares are trading higher following an upgrade to Buy by B of A Securities.
The upgrade by a major financial institution like B of A Securities is likely to boost investor confidence and drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100