The Latest Analyst Ratings for MGM Resorts Intl
Portfolio Pulse from Benzinga Insights
MGM Resorts Intl (NYSE:MGM) received 9 analyst ratings in the last quarter, with an average 12-month price target of $49.44, a decrease from the previous target of $51.67. The ratings included 4 bullish, 2 somewhat bullish, and 3 indifferent, with no bearish ratings. The high price target is $55.00 and the low is $40.00.
December 05, 2023 | 5:00 pm
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NEGATIVE IMPACT
Analysts have given MGM Resorts Intl a mixed but overall positive outlook with a revised average price target of $49.44, down from $51.67.
The decrease in the average price target suggests a slight bearish sentiment among analysts, which could lead to short-term negative pressure on MGM's stock price. However, the absence of bearish ratings and the presence of bullish and somewhat bullish ratings indicate a generally positive outlook, which might mitigate the negative impact.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100