BTIG Initiates Coverage On MGM Resorts Intl with Buy Rating, Announces Price Target of $53
Portfolio Pulse from Benzinga Newsdesk
BTIG analyst Clark Lampen has initiated coverage on MGM Resorts International (NYSE:MGM) with a Buy rating and set a price target of $53.
July 03, 2024 | 9:31 am
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BTIG analyst Clark Lampen has initiated coverage on MGM Resorts International with a Buy rating and set a price target of $53.
The initiation of coverage with a Buy rating and a price target of $53 by BTIG is likely to positively impact MGM's stock price in the short term. Analyst ratings and price targets are significant indicators for investors, and a Buy rating typically suggests confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100