Barclays Maintains Overweight on MGM Resorts Intl, Raises Price Target to $56
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Brandt Montour maintains an Overweight rating on MGM Resorts International (MGM) and raises the price target from $55 to $56.
May 02, 2024 | 5:58 pm
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Barclays maintains an Overweight rating on MGM Resorts International and raises the price target from $55 to $56.
The upgrade in the price target by Barclays reflects a positive outlook on MGM Resorts International's stock, suggesting confidence in the company's future performance. This analyst action can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100