JP Morgan Maintains Overweight on MGM Resorts International, Lowers Price Target to $42
JP Morgan analyst Daniel Politzer maintains MGM Resorts International (NYSE:MGM) with a Overweight and lowers the price target from $53 to $42.
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Why It Matters
A big bank analyst still likes MGM but thinks its stock might be worth less money. This tells you the analyst sees both good things and some worries about the company right now.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.