Stifel Maintains Buy on MGM Resorts Intl, Lowers Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Steven Wieczynski maintains a 'Buy' rating on MGM Resorts Intl (NYSE:MGM) but has lowered the price target from $59 to $55.
November 09, 2023 | 8:21 pm
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NEUTRAL IMPACT
Stifel maintains a 'Buy' rating on MGM Resorts but lowers the price target from $59 to $55.
The news is directly related to MGM Resorts. While the 'Buy' rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook for the company's stock in the short term. However, the impact is likely to be neutral as the rating is still 'Buy'.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100