Citi raised the target price for Melco Int'l Dev (00200) to HKD8.4 from HKD8.2 and maintained the "buy" rating.
The research house said key downside risks that could impede the stock from reaching the target price include (1) operational (escalating labour costs); (2) execution (further delay in achieving market share projections); (3) Chinese government's policy towards Macao; (4) competitive threats from gaming facilities opening/closing in the rest of the region; and (5) ongoing impact of the Covid-19 pandemic on tourism and visitation.
《說說心理話》與你分享應對性騷擾三部曲，減輕心理陰影創傷、提升自我肯定方法 ► 即睇
