Morgan Stanley Maintains Equal-Weight on MGM Resorts Intl, Raises Price Target to $44
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Stephen Grambling maintains an Equal-Weight rating on MGM Resorts Intl and raises the price target from $43 to $44.
October 22, 2024 | 5:32 pm
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Morgan Stanley has maintained its Equal-Weight rating on MGM Resorts Intl, while slightly increasing the price target from $43 to $44, indicating a modestly positive outlook.
The increase in price target from $43 to $44 by Morgan Stanley suggests a slightly positive outlook for MGM Resorts Intl. The Equal-Weight rating indicates that the stock is expected to perform in line with the market. The modest increase in price target may lead to a slight positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100