Citigroup analyst increased price target on Macau casino stocks today amid signs that Macau COVID-19 travel restrictions will be lifted. Macau is home to many casinos.
- Citigroup boosted the price target on Las Vegas Sands Corp. (NYSE:LVS) from $58 to $60. Citigroup analyst George Choi maintained the stock with a Buy. The company’s stock jumped 5.9% to $37.56 in pre-market trading.
- Citigroup raised price target on Melco Resorts & Entertainment Limited (NASDAQ:MLCO) from $11 to $11.5. Citigroup analyst George Choi maintained AutoZone with a Buy. The company’s shares surged 10.8% to $5.87 in pre-market trading.
- Citigroup increased the price target on MGM Resorts International (NYSE:MGM) from $58 to $58.5. Citigroup analyst George Choi maintained a Buy rating on the stock. MGM shares rose 1.7% to $30.56 in pre-market trading.
- Citigroup boosted the price target on Wynn Resorts, Limited (NASDAQ:WYNN) from $87.5 to $91. Citigroup analyst George Choi maintained a Buy rating on the stock. Wynn shares gained 5.4% to $62.85 in pre-market trading.
