Zacks reaffirmed their outperform rating on shares of MGM Resorts International (NYSE:MGM) in a research note issued to investors on Friday, AnalystRatings.NET reports. The firm currently has a $30.00 price target on the stock. MGM Resorts International (NYSE:MGM) stock opened at $25.56 in last trading session, and closed at $26.02, trading in the range of $25.51 – $26.03. The stock showed a positive weekly performance of 7.12%.
Websites for casino giant Las Vegas Sands Corp. (NYSE:LVS) remained down for a fourth day on Friday, while company, state and federal investigators trace the origin and effect of a hacking intrusion. The Internet sites of Sands properties including the flagship Venetian and Palazzo in Las Vegas and its Pennsylvania, Singapore and Macau resorts remained inoperative, and company spokesman Ron Reese said officials were assessing which systems had been affected. Las Vegas Sands Corp. (NYSE:LVS) shares closed at $80.15 on last trade day, by gaining 1.73%. Stock 52 week range is $47.95 – $82.48. Company’s market capitalization is $65.69 billion.
Crown Entertainment Ltd (ADR) (NASDAQ:MPEL), reported its unaudited financial results for the fourth quarter and year ended December 31, 2013. Net revenue for the fourth quarter of 2013 was US$1,394.6 million, representing an increase of approximately 27% from US$1,101.8 million for the comparable period in 2012. The increase in net revenue was primarily attributable to substantially improved group-wide revenues across all gaming segments, particularly in the mass market table games segment. Crown Entertainment Ltd (ADR) (NASDAQ:MPEL) stock advanced 0.90% and finished the last session at $42.62. The EPS of the stock remained 23.43. Company’s market capitalization is $23.43 billion.
Carnival Corp. (NYSE:CCL) was downgraded by investment analysts at Jefferies Group from a “hold” rating to an “underperform” rating in a note issued to investors on Tuesday, TheFlyOnTheWall.com reports. They currently have a $33.00 price target on the stock, up from their previous price target of $31.00. Jefferies Group’s target price would suggest a potential downside of 18.11% from the company’s current price. Carnival Corporation (NYSE:CCL) stock opened at $40.31 in last trading session and closed at $40.76. The 52 week range of the stock is $31.44 – $41.89 and the day range was $40.08 – $40.77.