Goldman Sachs Downgrades Melco Crown Enter. (MPEL) to Neutral

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Morgan Stanley Downgrades Melco Crown Enter. (MPEL) to Underweight

April 28, 2015 7:59 AM EDT

Morgan Stanley downgraded Melco Crown Enter. (NASDAQ: MPEL) from Equalweight to Underweight.

For an analyst ratings summary and ratings history on Melco Crown Enter. click here. For more ratings news on Melco Crown Enter. click here.

Shares of Melco Crown Enter. closed at $21.76 yesterday.

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Nomura Securities Assumes, Downgrades Melco Crown Enter. (MPEL) to Reduce

April 24, 2015 7:49 AM EDT

Nomura Securities downgraded Melco Crown Enter. (NASDAQ: MPEL) from Neutral to Reduce with a price target of $21.00 (from $29.00) in assumed coverage. The firm sees limited upside until Macau infrastructure improves

Analyst Harry Curtis commented, "We are assuming coverage of MPEL with a Reduce rating and $21 target price. Our target assumes that same-store EBITDA in Macau, MPELs biggest market, declines by 26% in 2015E and 2% in 2016E (excluding Studio City). We... More