JP Morgan Updates on Gaming 7/8

JP Morgan made a number of updates on gaming in a research report published today. Las Vegas Sands LVS had its rating reiterated at Overweight. At the same time, its price target was raised from $55 to $56. On Thursday, LVS added 3.38% to its value to end the day at $45.30. Its shares lost some of yesterday's gains in today's pre-market trading, falling 0.2% to $45.21. Wynn Resorts WYNN had its rating reiterated at Overweight. At the same time, its price target was raised from $158 to $174. On Thursday, Wynn added 2.74% to its value to end the day at $157.49. Its shares lost some of yesterday's gains in today's pre-market trading, falling 0.15% to $157.25. MGM Resorts MGM had its rating reiterated at Overweight. At the same time, its price target was raised from $19 to $20. On Thursday, MGM added 5.44% to its value to end the day at $14.73. Its shares continued to add value in today's pre-market trading, rising 0.48% to $14.80. Melco Crown Entertainment MPEL had its rating reiterated at Neutral. On Thursday, Melco lost 1.61% of its value to close the day at $13.47. Its shares continued to fall in today's pre-market trading, falling 1.19% to $13.31