Daiwa: Maintains "Buy" rating for MGM China (02282.HK) with a target price of 13.5 Hong Kong dollars.

According to the Wise Financial APP, Deutsche Bank released a research report stating that it maintains a "buy" rating on MGM China Holdings Limited (02282.HK) with a target price of 13.5 Hong Kong dollars. Deutsche Bank believes that the recent decline in MGM's stock price makes its short-term valuation more attractive, and predicts that the stock price performance will outperform its industry peers in the next 60 days.