JP Morgan Maintains Overweight on MGM Resorts Intl, Raises Price Target to $57
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Joseph Greff maintains an Overweight rating on MGM Resorts Intl (NYSE:MGM) and raises the price target from $54 to $57.
May 02, 2024 | 3:48 pm
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POSITIVE IMPACT
JP Morgan analyst Joseph Greff maintains an Overweight rating on MGM Resorts Intl and raises the price target from $54 to $57.
The increase in price target by JP Morgan reflects a positive outlook on MGM Resorts Intl's stock, suggesting potential upside. This analyst action can lead to increased investor confidence and potentially drive the stock price higher in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100