Compass Point upgrades Melco Crown (MPEL) up to Neutral from its previous perch of Sell. The...

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

Compass Point upgrades Melco Crown (MPEL) up to Neutral from its previous perch of Sell. The firm seems to make the call a tad begrudgingly. "The epic pace of property appreciation in China, followed by only a very modest correction represents one of the first soft landings in modern history." MPEL +0.5% premarket.