Melco Announces Record Adjusted Property EBITDA in the Fourth Quarter 2018, Share Repurchase and Increase in Quarterly Dividend to US$0.1551 per ADS

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Go back to Melco Announces Record Adjusted Property EBITDA in the Fourth Quarter 2018, Share Repurchase and Increase in Quarterly Dividend to US$0.1551 per ADS

Melco Resorts & Entertainment Limited (MLCO) PT Raised to $27 at Nomura/Instinet

February 19, 2019 2:04 PM EST

Nomura/Instinet analyst Harry Curtis raised the price target on Melco Resorts & Entertainment Limited (NASDAQ: MLCO) to $27.00 (from $21.00) while maintaining a Buy rating.

Curtis commented, "MLCOs hold-adjusted EBITDA (ex. bad-debt provisions) beat our aboveconsensus estimate and was $14mn higher than the... More