MGM Resorts price target raised to $43 from $41 at Barclays

Barclays raised the firm’s price target on MGM Resorts (MGM) to $43 from $41 and keeps an Overweight rating on the shares. The company reported a strong Q1, mostly from Macau and Digital, the analyst tells investors in a research note. The firm believes the shares look too cheap versus current business trends.