Deutsche Bank Maintains Buy on MGM Resorts Intl, Lowers Price Target to $52
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Carlo Santarelli maintains a Buy rating on MGM Resorts Intl but lowers the price target from $57 to $52.
October 01, 2024 | 11:25 am
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NEUTRAL IMPACT
Deutsche Bank has maintained its Buy rating on MGM Resorts Intl but has lowered the price target from $57 to $52, indicating a slightly less optimistic outlook.
The maintenance of a Buy rating suggests continued confidence in MGM's performance, but the lowered price target indicates some concerns or adjustments in expectations. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100