Deutsche Bank Comments On Macau Gaming, Changes Rating On Two Casino Stocks
Deutsche Bank analysts on Tuesday offered comments on the Macau gaming industry.
Carlo Santarelli finds that overall revenue forecast for fourth quarter 2014 and 2014 are -15.3 percent and 0 percent, respectively.
Amid the industry coverage, Deutsche Bank changed the investment rating on two casino stocks, which offers a potential pair trade.
Since both stocks are within the same sector, an investor could place a pair trade on the aforementioned stocks buy purchasing shares of MGM and selling shares of Las Vegas Sands on a equivalent notional basis.
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|Oct 2016||Bank of America||Upgrades||Neutral||Buy|
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