JMP Securities Reiterates Market Outperform on MGM Resorts Intl, Maintains $60 Price Target
Portfolio Pulse from richadhand@benzinga.com
JMP Securities analyst Jordan Bender has reiterated a 'Market Outperform' rating on MGM Resorts Intl (NYSE:MGM) and maintained a $60 price target.
July 17, 2023 | 1:22 pm
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JMP Securities has reiterated a 'Market Outperform' rating on MGM Resorts Intl and maintained a $60 price target.
The reiteration of a 'Market Outperform' rating by JMP Securities indicates a positive outlook for MGM Resorts Intl. The maintained price target of $60 suggests that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100