The Dakota Financial News (16/09/15) states that Melco Crown Entertainment( MCE) has been
upgraded by Credit Suisse from neutral to Outperform, also HSBC have upgraded MCE from Hold to Buy,
Buy rating for MCE reaffirmed from Sterne Agee CRT, Sanford C Bernstein reaffirmed it's outerform rating on MCE. Deutche Bank rating has changed from Sell to Hold on MCE, J P Morgan Chase have upgraded their rating from underweight to neutral.
My last post I observed a huge ? odd amount transaction on Dec 16 17.00 calls, seems like positioning, I am not a guru on these things just speculating !
Can someone remind me that CWN was sort of down graded due to it's exposure to MCE in last qtr ?
CWN Price at posting:
$11.96 Sentiment: Hold Disclosure: Held