Form 6-K Melco Resorts & Entertai For: Nov 28
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Wynn Resorts and Melco Resorts upgraded on Macau recovery and improving sentiment
November 28, 2022 10:35 AM ESTJPMorgan 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