Melco Resorts & Entertainment downgraded by UBS with a new price target
$MLCO
Hotels/Resorts
Consumer Discretionary
UBS downgraded Melco Resorts & Entertainment from Buy to Sell and set a new price target of $4.60
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/30/2025 | $4.59 | Buy → Sell | UBS |
| 4/10/2025 | $6.25 | Neutral → Buy | Citigroup |
| 3/3/2025 | $7.50 → $6.70 | Equal-Weight → Overweight | Morgan Stanley |
| 2/10/2025 | $10.00 → $6.00 | Buy → Neutral | Citigroup |
| 12/17/2024 | $9.60 → $7.50 | Overweight → Equal-Weight | Morgan Stanley |
| 7/18/2024 | $10.00 → $7.00 | Overweight → Neutral | JP Morgan |
| 5/29/2024 | $7.50 → $10.40 | Neutral → Buy | BofA Securities |
| 5/6/2024 | $8.30 → $9.60 | Equal-Weight → Overweight | Morgan Stanley |
MACAU, April 29, 2025 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment has announced the publication of its sustainability report for the year 2024 (link). The strategy continues to guide the Company to go "Above & Beyond" -- to strive to achieve its commitments to restoring the environment, inspiring its people and communities, sustaining its supply chain and empowering its business to impact positive change. As Melco's strategy, pillar goals and targets evolve in response to shifting environments through wide-reaching efforts as highlighted in the report, the Company aims to actively engage stakeholders on its journey towards a climate-fit and equitable future. Mr. Lawrence Ho, Cha
MACAU, March 21, 2025 (GLOBE NEWSWIRE) -- Studio City International Holdings Limited (NYSE:MSC) ("Studio City" or the "Company"), a world-class integrated resort located in Cotai, Macau, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2024. The annual report can be accessed under the Annual Reports section on the Company's investor relations website at https://ir.studiocity-macau.com/annual-reports. The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests can be made through the Information Request section
MACAU, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Studio City International Holdings Limited (NYSE:MSC) ("Studio City" or the "Company"), a world-class integrated resort located in Cotai, Macau, today reported its unaudited financial results for the fourth quarter and full year ended December 31, 2024. Total operating revenues for the fourth quarter of 2024 were US$152.9 million, compared with total operating revenues of US$141.3 million in the fourth quarter of 2023. The increase was primarily attributable to the continued recovery in inbound tourism in Macau during the fourth quarter of 2024, which led to an increase in revenue from casino contract and higher non-gaming revenues. Studio City Ca
6-K - Melco Resorts & Entertainment LTD (0001381640) (Filer)
6-K - Melco Resorts & Entertainment LTD (0001381640) (Filer)
6-K - Melco Resorts & Entertainment LTD (0001381640) (Filer)
UBS downgraded Melco Resorts & Entertainment from Buy to Sell and set a new price target of $4.60
Citigroup upgraded Melco Resorts & Entertainment from Neutral to Buy and set a new price target of $6.25
Morgan Stanley upgraded Melco Resorts & Entertainment from Equal-Weight to Overweight and set a new price target of $6.70 from $7.50 previously
MACAU, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (NASDAQ:MLCO) ("Melco" or the "Company"), a developer, owner, and operator of integrated resort facilities in Asia and Europe, today reported its unaudited financial results for the fourth quarter and full year ended December 31, 2024. Total operating revenues for the fourth quarter of 2024 were US$1.19 billion, representing an increase of approximately 9% from US$1.09 billion for the comparable period in 2023. The increase in total operating revenues was primarily attributable to the improved performance in all gaming segments and non-gaming operations. Operating income for the fourth quarter of 2024 was US$9
MACAU, Feb. 24, 2025 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (NASDAQ:MLCO), a developer, owner and operator of integrated resort facilities in Asia and Europe, today announces that it will release its unaudited financial results for the fourth quarter and year ended December 31, 2024 on Thursday, February 27, 2025 to be followed by a conference call on the same day at 8:30 a.m. Eastern Time (or 9:30 p.m. Singapore Time). To join the conference call, please register in advance using the below Online Registration Link. Upon registering, each participant will receive the dial-in numbers, passcode and a unique Personal PIN which can be used to join the conference. Online Re
MACAU, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment Limited (NASDAQ:MLCO) ("Melco" or the "Company"), a developer, owner, and operator of integrated resort facilities in Asia and Europe, today reported its unaudited financial results for the third quarter of 2024. Total operating revenues for the third quarter of 2024 were US$1.18 billion, representing an increase of approximately 16% from US$1.02 billion for the comparable period in 2023. The increase in total operating revenues was primarily attributable to the improved performance in all gaming segments and non-gaming operations, led by the continued recovery in inbound tourism to Macau during the third quarter of 20
SC 13G/A - Melco Resorts & Entertainment LTD (0001381640) (Subject)
SC 13D/A - Melco Resorts & Entertainment LTD (0001381640) (Subject)
SC 13G - Melco Resorts & Entertainment LTD (0001381640) (Subject)
MACAU, April 29, 2025 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment has announced the publication of its sustainability report for the year 2024 (link). The strategy continues to guide the Company to go "Above & Beyond" -- to strive to achieve its commitments to restoring the environment, inspiring its people and communities, sustaining its supply chain and empowering its business to impact positive change. As Melco's strategy, pillar goals and targets evolve in response to shifting environments through wide-reaching efforts as highlighted in the report, the Company aims to actively engage stakeholders on its journey towards a climate-fit and equitable future. Mr. Lawrence Ho, Cha
MACAU, April 26, 2024 (GLOBE NEWSWIRE) -- Melco Resorts & Entertainment has published its sixth sustainability strategy for the year 2023 ‘RISE to go Above & Beyond' (link). Continuing to adhere to four key material topics that underline Melco's commitment to sustainability, including "Restoring our World", "Inspiring our Communities", "Sustaining our Supply Chain" and "Empowering our Business", the strategy drives performance and sustainability initiatives to help the Company reach its ambitious goals. Mr. Lawrence Ho, Chairman and CEO of Melco Resorts & Entertainment, said, "Our commitment to sustainability remains steadfast to our foundational principles—behaving responsibly, serving