Morgan Stanley Downgrades Melco Resorts and Enter to Equal-Weight, Lowers Price Target to $6

Melco Crown Entertainment Ltd Sponsored ADR

MLCO

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Morgan Stanley analyst Praveen Choudhary downgrades Melco Resorts and Enter (NASDAQ: MLCO) from Overweight to Equal-Weight and lowers the price target from $6.3 to $6.

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