Melco Resorts & Entertainment-Wall Street Analysts Predict a 30.89% Upside in Melco (MLCO): Here's What You Should Know

Melco Resorts (MLCO) closed the last trading session at $7.38, gaining 29.7% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of$ 9.66 indicates a 30.9% upside potential.The average comprises seven short-term price targets ranging from a low of $6 to a high of$ 14, with a standard deviation of $2.67. While the lowest estimate indicates a decline of 18.7% from the current price level, t ...