Morgan Stanley Downgrades Melco Resorts and Enter to Equal-Weight, Lowers Price Target to $7.5

+1.65%

Melco Crown Entertainment Ltd Sponsored ADR

MLCO

5.54

+1.65%

Morgan Stanley analyst Praveen Choudhary downgrades Melco Resorts and Enter (NASDAQ: MLCO) from Overweight to Equal-Weight and lowers the price target from $9.6 to $7.5.

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