Macquarie Maintains Outperform on MGM Resorts Intl, Lowers Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Macquarie analyst Chad Beynon maintains an Outperform rating on MGM Resorts Intl (NYSE:MGM) but lowers the price target from $58 to $55.
August 02, 2024 | 10:27 pm
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Macquarie analyst Chad Beynon maintains an Outperform rating on MGM Resorts Intl but lowers the price target from $58 to $55.
The Outperform rating suggests continued confidence in MGM's performance, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100