Wells Fargo Maintains Overweight on MGM Resorts Intl, Lowers Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Daniel Politzer has maintained an Overweight rating on MGM Resorts Intl (NYSE:MGM) but lowered the price target from $58 to $54.

November 09, 2023 | 3:29 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Wells Fargo has maintained an Overweight rating on MGM Resorts but lowered the price target from $58 to $54.
The news is directly related to MGM Resorts as Wells Fargo has maintained an Overweight rating on the company but lowered the price target. This suggests that the analyst still sees upside potential in the stock, but perhaps not as much as previously thought. This could have a neutral impact on the stock's price in the short term as the positive (Overweight rating) and negative (lower price target) news could offset each other.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100