Morgan Stanley Maintains Equal-Weight on MGM Resorts Intl, Lowers Price Target to $46
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Grambling has maintained an Equal-Weight rating on MGM Resorts Intl (NYSE:MGM) but lowered the price target from $48 to $46.
August 04, 2023 | 1:44 pm
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Morgan Stanley has maintained an Equal-Weight rating on MGM Resorts but lowered the price target from $48 to $46.
The lowering of the price target by Morgan Stanley could potentially lead to a negative sentiment among investors, which may put downward pressure on MGM's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100