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UPDATE: Macquarie Upgrades Melco Crown Entertainment on Updated Market Growth Expectations
Friday, October 11, 2013 - 11:17am | 129In a report published Friday, Macquarie Capital analyst Gary Pinge upgraded the rating on Melco Crown Entertainment Ltd. (NASDAQ: MPEL) from Neutral to Outperform, and raised the price target from $26.00 to $41.50. In the report, Macquarie Capital noted, “As explained in our report ‘Continuing to...