Analysis: Macau trends look good for Melco Crown

|About: Melco Crown Entertainment... (MPEL)|By:, SA News Editor

Sterne Agee raises its estimate on Q3 EBITDA for Melco Crown (MPEL +2%) to $343.1M based on a read of Macau traffic trends.

The investment firm has the casino operator slated as the top pick in the sector.