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Tuesday, Apr 24
2012, 1:19 PM
Wells Fargo increases valuation ranges for a number of casino stocks based on its upward...
Wells Fargo increases valuation ranges for a number of casino stocks based on its upward revision for revenue growth in Macau to 18% from 11% - a mark that still stands lower than the consensus of the Street. Boosted: Las Vegas Sands (LVS -1.3%) to $52-$61, MGM Resorts (MGM -0.7%) to $14-$15, Wynn Resorts (WYNN -0.3%) to $114-$136, Melco Crown (MPEL +0.7%) to $16-$18.