---
title: "Goldman Sachs Reaffirms Their Buy Rating on Melco Resorts & Entertainment (MLCO)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292754676.md"
description: "Goldman Sachs analyst Simon Cheung reaffirmed a Buy rating on Melco Resorts & Entertainment (MLCO) with an $8.00 price target. This contrasts with the broader market consensus, which suggests a Strong Buy rating and a lower average price target of $7.52. The report also notes that Cheung covers the Consumer Cyclical sector and has a historical success rate of 45.45%."
datetime: "2026-07-15T10:56:37.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292754676.md)
  - [en](https://longbridge.com/en/news/292754676.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292754676.md)
generator: "portal-rs"
---

# Goldman Sachs Reaffirms Their Buy Rating on Melco Resorts & Entertainment (MLCO)

Goldman Sachs analyst Simon Cheung maintained a Buy rating on Melco Resorts & Entertainment today and set a price target of $8.00.

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Cheung covers the Consumer Cyclical sector, focusing on stocks such as Melco Resorts & Entertainment, Trip.com Group Sponsored ADR, and Wynn Macau. According to TipRanks, Cheung has an average return of -2.0% and a 45.45% success rate on recommended stocks. 

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Melco Resorts & Entertainment with a $7.52 average price target.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**