Susquehanna raised the firm’s price target on Melco Resorts (MLCO) to $12 from $10 and keeps a Positive rating on the shares. The firm said they reported stronger than expected 2Q consolidated revenue/EBITDA driven entirely from its Macau-based portfolio.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MLCO: