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Form 6-K Melco Resorts & Entertai For: Nov 28

Go back to Form 6-K Melco Resorts & Entertai For: Nov 28

Wynn Resorts and Melco Resorts upgraded on Macau recovery and improving sentiment

November 28, 2022 10:35 AM EST

JPMorgan upgraded shares of Wynn Resorts Ltd (NASDAQ: WYNN) and Melco Resorts & Entertainment (NASDAQ: MLCO) to Overweight from Neutral in a note Monday.

Analyst Joseph Greff told investors in a broad note covering the gaming sector that fundamentals were and have been generally sound, "even encouraging, particularly on the Las Vegas Strip and in the LV Locals market."

The firm's reason... More