Morgan Stanley Maintains Equal-Weight on MGM Resorts Intl, Raises Price Target to $46
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Grambling has maintained an Equal-Weight rating on MGM Resorts International (NYSE:MGM) and increased the price target from $45 to $46.
April 09, 2024 | 5:15 pm
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Morgan Stanley has maintained an Equal-Weight rating on MGM Resorts International and raised the price target from $45 to $46.
The increase in price target by Morgan Stanley suggests a positive outlook on MGM Resorts International'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 75
RELEVANCE 100