Morgan Stanley Maintains Equal-Weight on MGM Resorts Intl, Raises Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Grambling maintains an Equal-Weight rating on MGM Resorts Intl (NYSE:MGM) and raises the price target from $44 to $45.
February 28, 2024 | 5:59 pm
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Morgan Stanley maintains an Equal-Weight rating on MGM Resorts Intl and raises the price target from $44 to $45.
The increase in price target by Morgan Stanley suggests a positive outlook on MGM Resorts Intl's stock, potentially leading to a short-term increase in its stock price. The Equal-Weight rating indicates that the stock is expected to perform in line with the market or sector, but the raised target suggests some optimism.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100