Morgan Stanley Maintains Equal-Weight on MGM Resorts Intl, Lowers Price Target to $42
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 $45 to $42.
October 13, 2023 | 2:12 pm
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NEGATIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on MGM Resorts but lowered the price target from $45 to $42.
The lowering of the price target by Morgan Stanley indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on MGM Resorts' stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100