Several brokerages have updated their recommendations and price targets on shares of Melco Resorts & Entertainment (NASDAQ: MLCO) in the last few weeks:
- 10/18/2026 – Melco Resorts & Entertainment was downgraded by CICC Research from “outperform” to “market perform”.
- 10/16/2026 – Melco Resorts & Entertainment was given a new $5.50 price target by Capital One Financial Corporation.
- 10/16/2026 – Melco Resorts & Entertainment was given a new $5.50 price target by Piper Sandler.
- 10/12/2026 – Melco Resorts & Entertainment is now covered by Citigroup Inc.. They set a “buy” rating and a $9.40 price target on the stock.
Melco Resorts & Entertainment Limited is a developer, owner and operator of integrated resort facilities focused on gaming, hospitality, entertainment, dining, retail and convention services. The company’s properties combine casinos with luxury hotels, restaurants, shopping areas, theaters and other leisure attractions.
Melco operates several major resorts in Macau, including City of Dreams, Altira Macau and Studio City. Its Macau operations also include the Mocha Clubs electronic gaming-machine business.
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