Susquehanna analyst Joseph Stauff lowered the firm’s price target on MGM Resorts (MGM) to $45 from $54 and keeps a Positive rating on the shares. The firm lowered its estimates due pending contraction in Las Vegas as roughly 12% of Las Vegas visitors are from Canada/Mexico. Estimates were also lowered due to some softer regional weakness in the US that were most hit from the tariff war.
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