The latest price target for Melco Resorts and Enter (NASDAQ:MLCO) was reported by B of A Securities on August 12, 2024. The analyst firm set a price target for $7.50 expecting MLCO to rise to within 12 months (a possible 25.21% upside). 11 analyst firms have reported ratings in the last year.

The latest analyst rating for Melco Resorts and Enter (NASDAQ:MLCO) was provided by B of A Securities, and Melco Resorts and Enter maintained their buy rating.

The last upgrade for Melco Resorts and Entertainment Ltd happened on May 29, 2024 when B of A Securities raised their price target to $10.4. B of A Securities previously had a neutral for Melco Resorts and Entertainment Ltd.

The last downgrade for Melco Resorts and Entertainment Ltd happened on July 18, 2024 when JP Morgan changed their price target from $10 to $7 for Melco Resorts and Entertainment Ltd.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Melco Resorts and Enter, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Melco Resorts and Enter was filed on August 12, 2024 so you should expect the next rating to be made available sometime around August 12, 2025.

While ratings are subjective and will change, the latest Melco Resorts and Enter (MLCO) rating was a maintained with a price target of $8.50 to $7.50. The current price Melco Resorts and Enter (MLCO) is trading at is $5.99, which is out of the analyst’s predicted range.