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Fly News Breaks for July 19, 2016
MPEL
Jul 19, 2016 | 07:34 EDT
HSBC analysts led by Charlene Liu upgraded Melco Crown to Buy and said suboptimal performance of Studio City is in the price and its gradual ramp-up could lead to higher valuation over time. Liu lowered Melco Crown's price target to $15.50 from $16.60.
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