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J.P. Morgan Reaffirms Their Buy Rating on Melco Resorts & Entertainment (MLCO)

Tipranks - Wed Oct 15, 2025

In a report released today, Ds Kim from J.P. Morgan maintained a Buy rating on Melco Resorts & Entertainment, with a price target of $10.50. The company’s shares closed yesterday at $7.55.

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Kim covers the Consumer Cyclical sector, focusing on stocks such as SJM Holdings, Melco Resorts & Entertainment, and Melco International. According to TipRanks, Kim has an average return of 10.8% and a 54.13% success rate on recommended stocks.

In addition to J.P. Morgan, Melco Resorts & Entertainment also received a Buy from Citi’s George Choi in a report issued today. However, on the same day, Bank of America Securities reiterated a Hold rating on Melco Resorts & Entertainment (NASDAQ: MLCO).

MLCO market cap is currently $2.95B and has a P/E ratio of 55.31.

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