Navigating 8 Analyst Ratings For MGM Resorts Intl
Portfolio Pulse from Benzinga Insights
Eight analysts have recently evaluated MGM Resorts Intl (NYSE:MGM), with a mix of bullish and somewhat bullish ratings. The average 12-month price target has increased to $55.25, reflecting a 4.25% rise from the previous target. Analysts have raised their price targets, indicating positive sentiment towards MGM's financial performance and market standing.
July 03, 2024 | 2:01 pm
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POSITIVE IMPACT
Analysts have shown a positive sentiment towards MGM Resorts Intl, with several raising their price targets and ratings. The average 12-month price target has increased to $55.25, reflecting a 4.25% rise from the previous target. This indicates confidence in MGM's financial performance and market standing.
The increase in price targets and the majority of bullish ratings from analysts suggest a positive outlook for MGM Resorts Intl. The upward revision of the average 12-month price target to $55.25 indicates that analysts expect the stock to perform well in the near term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100