Wells Fargo Maintains Overweight on MGM Resorts Intl, Lowers Price Target to $53
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo maintains an Overweight rating on MGM Resorts Intl but lowers the price target from $55 to $53.
August 01, 2024 | 1:19 pm
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NEUTRAL IMPACT
Wells Fargo analyst Daniel Politzer maintains an Overweight rating on MGM Resorts Intl but lowers the price target from $55 to $53.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on MGM's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100