HSBC Initiates Coverage On MGM Resorts Intl with Buy Rating, Announces Price Target of $49
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Meredith Jensen has initiated coverage on MGM Resorts Intl with a Buy rating and a price target of $49.
October 23, 2023 | 10:26 am
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HSBC has initiated coverage on MGM Resorts Intl with a Buy rating and a price target of $49, which could positively impact the stock.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. HSBC's Buy rating and price target of $49 for MGM Resorts Intl suggest a positive outlook for the company, which could lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100