J.P. Morgan analyst Joseph Greff maintained a Hold rating on Melco Resorts & Entertainment (MLCO – Research Report) on May 5 and set a price target of $7.00. The company's shares closed last Friday at $5.02, close to its 52-week low of $4.83. According to TipRanks.com, Greff is a 5-star analyst with an average return of 16.9% and a 55.7% success rate. Greff covers the Services sector, focusing on stocks such as Membership Collective Group, Hilton Worldwide Holdings, and Marriott International. Melco Resorts & Entertainment has an analyst consensus of Strong Buy, with a price target consensus of $9.43.
https://www.tipranks.com/news/blurbs/j-p-morgan-maintains-their-hold-rating-on-melco-resorts-entertainment-mlco?utm_source=advfn.com&utm_medium=referral