J.P. Morgan Sticks to Their Hold Rating for Melco Resorts & Entertainment (MLCO)
November 04 2022 - 08:18AM
TipRanks
J.P. Morgan analyst Joseph Greff maintained a Hold rating on Melco
Resorts & Entertainment (MLCO - Research Report) on November 2
and set a price target of $7.00. The company's shares closed
yesterday at $5.90.Greff covers the Services sector, focusing on
stocks such as Hyatt Hotels, Choice Hotels, and Melco Resorts &
Entertainment. According to TipRanks, Greff has an average return
of 15.5% and a 56.56% success rate on recommended stocks.
Currently, the analyst consensus on Melco Resorts &
Entertainment is a Moderate Buy with an average price target of
$10.43.See the top stocks recommended by analysts >>The
company has a one-year high of $12.
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Melco Resorts and Entert... (NASDAQ:MLCO)
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