J.P. Morgan Downgrades Melco Resorts & Entertainment (MLCO) To Hold

2 hours ago 1

Talha Qureshi

Mon, January 19, 2026 astatine 7:02 AM CST 2 min read

Melco Resorts & Entertainment Limited (NASDAQ:MLCO) is 1 of the Stocks to Buy Under $10 with High Potential. On January 15, Ds Kim from J.P. Morgan downgraded the banal from Buy to Hold and besides lowered the terms people from $11 to $7.7. Earlier connected January 13, Karl Choi from Bank of America Securities reiterated a Hold standing connected the banal and lowered the terms people from $9.5 to $7.9.

Analysts astatine BofA enactment that the reduced terms people and a cautious standing connected Melco Resorts & Entertainment Limited (NASDAQ:MLCO) is chiefly owed to the firm’s neutral stance connected the Macau gaming sector. The steadfast expects the gross gaming gross to dilatory down successful 2026. BofA noted that though the banal trades astatine a cheaper valuation, the little projected dividend output balances its outlook. The steadfast advised investors to beryllium cautious and follow a selective attack for the Macau gaming assemblage for the archetypal fractional of 2026.

Analysts from J.P. Morgan besides noted being selective successful the gaming sector. The steadfast sees hazard regarding statement estimates for the stock. The steadfast highlighted that they are waiting for the institution to amusement traction.

Melco Resorts & Entertainment Limited (NASDAQ:MLCO) develops and operates edifice facilities, hotels, and casinos successful the Philippines and Macau. The company’s 3 Macau casinos see City of Dreams, Studio City, and Altira Macau.

While we admit the imaginable of MLCO arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published astatine Insider Monkey.