JMP Securities Maintains Market Outperform on MGM Resorts Intl, Lowers Price Target to $57
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Jordan Bender maintains a Market Outperform rating on MGM Resorts Intl (NYSE:MGM) but lowers the price target from $59 to $57.

August 01, 2024 | 7:34 pm
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NEUTRAL IMPACT
JMP Securities maintains a Market Outperform rating on MGM Resorts Intl but lowers the price target from $59 to $57.
The Market Outperform rating suggests continued confidence in MGM's performance, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100