Melco Crown Entertainment (MPEL) Tops Q1 EPS by 3c
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Melco Crown Enter. (MPEL) Bullish Stance Reiterated at Janney Capital
May 12, 2014 7:53 AM EDTJanney Capital analyst analyst Brian McGill reiterated a Buy rating and $50 price target on Melco Crown Enter. (NASDAQ: MPEL) saying valuation and long-term story remain compelling.
McGill commented, "MPEL reported 1Q14 revenue of $1.36 bln and adjusted EBITDA of $358.7 mln. This compared to expectations for $1.15 bln and $360 mln. While results were in-line with expectations, we thought this was a strong... More
Melco Crown Enter. (MPEL) Offers a Buying Opportunity, Says Sterne Agee
May 9, 2014 7:32 AM EDTSterne Agee analyst David Bain reiterated a Buy rating and $57 price target on Melco Crown Enter. (NASDAQ: MPEL), calling the sell-off a buying opportunity.
Bain comments, "We believe MPEL will renew a march toward our price target, which represents a 78% gain from... More
