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Fly News Breaks for January 15, 2016
MPEL
Jan 15, 2016 | 07:53 EDT
Bernstein believes that Macau stocks have been oversold, as the sector has begun to stabilize. The firm expects revenue from non-VIP gamblers to increase this year with stable margins. It finds Melco Crown's (MPEL) valuation compelling and keeps an Outperform rating on the shares.
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