JPMorgan analyst Daniel Politzer lowered the firm’s price target on MGM Resorts (MGM) to $38 from $41 and keeps a Neutral rating on the shares. The company reported EBIDAR downside in Q3 due to worse than expected trends in Las Vegas, the analyst tells investors in a research note.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MGM: