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Morningstar slashes its price targets for Macao casino stocks, flags areas of concern

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New for subscribers: Morningstar slashes its price targets for Macao casino stocks, flags areas of concern. Check out CNBCPro today.

People wearing protective masks sit on a bench as Macau Tower stands in the distance in Macau, China, on Tuesday, March 3, 2020.

Morningstar slashed its price targets on Macao casino operators as regulatory uncertainty hammers their Hong Kong-listed shares still reeling from the collapse in travel during the pandemic.

 

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