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Morgan Stanley Analyzes The Lodging Sector's M&A Potential
Friday, December 8, 2017 - 1:07pm | 513The hotel space could certainly get a little cozier. Amid market fragmentation and rising competition from alternative accommodations, Morgan Stanley sees prospects for consolidation. The Ratings Analyst Thomas Allen reiterated Overweight ratings on Hilton Worldwide Holdings Inc (NYSE: HLT) and...
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Morgan Stanley Downgrades Wynn Resorts Amid Concerns Over Macau's Market Growth
Monday, March 16, 2015 - 9:19am | 207In a report issued Monday covering the Gaming & Lodging Industry, Morgan Stanley downgraded Wynn Resorts, Limited (NASDAQ: WYNN) from Overweight to Equal-Weight amid concerns over the Macau market. Morgan Stanley also lowered Wynn Resorts' price target from $185 to $145. Analysts Thomas Allen,...
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Analysts Tout MGM's Swing To Q2 Profit On Las Vegas Recovery
Wednesday, August 6, 2014 - 11:56am | 297MGM Resorts International (NYSE: MGM) beat the second-quarter earnings consensus by a wide view and a couple of analysts continued to tout the company's prospects. Citigroup's Anil Daswani reiterated a Buy and $34 price target, citing a recovery in Las Vegas. Revenue from Las Vegas grew...