JMP Securities Reiterates Market Outperform on MGM Resorts Intl, Maintains $57 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Jordan Bender has reiterated a 'Market Outperform' rating on MGM Resorts International (NYSE:MGM), maintaining a price target of $57.

January 29, 2024 | 6:05 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
JMP Securities analyst reaffirms a positive 'Market Outperform' rating on MGM Resorts International, with a steady price target of $57.
The reiteration of a 'Market Outperform' rating by a reputable analyst like Jordan Bender is likely to instill confidence among investors and could positively influence MGM's stock price in the short term. The maintenance of the $57 price target suggests that the analyst sees continued upside potential for the stock, which could encourage investors to maintain or establish positions in MGM.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100