Notable Upgrades: Melco Crown (MPEL), GameStop (GME), Western Digital (WDC), Horizon Pharma (HZNP), SunEdison (SUNE)

Analysts at BofA/Merrill (BAC) are out with a report this morning upgrading shares of Melco Crown Entertainment Limited (MPEL) with a ‘Neutral‘ from ‘Underperform‘ rating. Melco Crown Entertainment Ltd. shares are currently priced at 26.39x this year’s forecasted earnings, compared to the industry’s 27.85x earnings multiple. Ticker has a forward P/E of 22.06 and t-12 […] View the full post at: Notable Upgrades: Melco Crown (MPEL), GameStop (GME), Western Digital (WDC), Horizon Pharma (HZNP), SunEdison (SUNE) Related posts: Cramer: Flat Wrong on GameStop Video Game Sales Weak, But GameStop is Undervalued Russia corruption “may force Western firms to quit”