According to a research report issued by Morgan Stanley, MGM CHINA's (02282) stock price is projected to underperform the market over the next 60 days, with an estimated probability of over 80%. The firm anticipates a decline in MGM CHINA's market share, and its EBITDA for the first quarter of this year may fall short of market expectations. Additionally, Morgan Stanley forecasts that the company's gaming revenue market share will decrease by 90 basis points to 15.7%. The bank maintains an "Equal-weight" rating on MGM CHINA with a target price of HK$13.2.
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