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Stock impact report

Macau sector on watch after favorable Morgan Stanley outlook [Seeking Alpha]

Morgan Stanley (MS) 
Last morgan stanley earnings: 4/16 07:15 am Check Earnings Report
US:NYSE Investor Relations: morganstanley.com/about-us-ir
Company Research Source: Seeking Alpha
Macau sector on watch after favorable Morgan Stanley outlookMacau casino stocks broke higher in Hong Kong today after Morgan Stanleylifted its long-term industry-wide revenue forecast and price targets on key names."We see wealthier lower-tier cities narrowing the gap of per capita disposable income for urban households with tier-one cities by almost 9 percent by 2030 due to infrastructure development, improved transport networks, favorable government policy and technology spillover," reads the long-term summary from the investment firm.MS is very positive on Wynn Macau over the short term, with its price target of HKD$21 repping 27% upside potential. Wynn Macaujumped 4.10% in HK today.Macau casino stocks: Wynn Macau (OTCPK:WYNMF,OTCPK:WYNMY,WYNN), Sands China (OTCPK:SCHYY,OTCPK:SCHYF,LVS), MGM China (OTCPK:MCHVF,OTCPK:MCHVY,MGM), Galaxy Entertainment (OTCPK:GXYEF), SJM Holdings (OTCPK:SJMHF,OTCPK:SJMHY), Melco Resorts & Entertainment (NASDAQ:MLCO).Related ETF:BJK.See all stocks on th Show less Read more
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