Melco Announces Unaudited First Quarter 2017 Earnings and Declares Quarterly Dividend

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Melco Resorts & Entertainment Limited (MLCO) PT Raised to $27 at Aegis Capital

May 5, 2017 9:21 AM EDT

Aegis Capital raised its price target on Melco Resorts & Entertainment Limited (NASDAQ: MLCO) to $27.00 (from $25.00) while maintaining a Buy rating.

Aegis raised estimates following a strong 1Q17 EBITDA beat across most of the company's portfolio and its best groupwide EBITDA margin result... More