What Analysts Are Saying About MGM Resorts Intl Stock
Portfolio Pulse from Benzinga Insights
Analysts have mixed ratings for MGM Resorts Intl, with recent adjustments mostly lowering price targets. The average 12-month price target is now $54.22, down from $55.56. MGM's financial health shows strong revenue growth and profitability, but challenges in asset utilization and debt management.
October 17, 2024 | 4:00 pm
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MGM Resorts Intl has received mixed analyst ratings, with recent adjustments mostly lowering price targets. The average 12-month price target is now $54.22, down from $55.56. Despite strong revenue growth and profitability, the company faces challenges in asset utilization and debt management.
The mixed analyst ratings and mostly lowered price targets suggest a neutral short-term impact on MGM's stock price. While the company shows strong revenue growth and profitability, challenges in asset utilization and debt management may offset positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100