Seaport Research raised the firm’s price target on MGM Resorts (MGM) to $44 from $42 and keeps a Buy rating on the shares. The company recently reported “solid” results across the U.S. and Macau, with the near-term outlook not seeing deterioration, the analyst tells investors.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MGM:
- MGM Resorts price target raised to $50 from $45 at Susquehanna
- Macau reports April casino revenue up 1.7% to 18.86B patacas
- MGM Resorts price target raised to $43 from $41 at Barclays
- MGM Resorts Stock (MGM) Jumps on Upbeat Earnings and a Massive $2B Buyback
- MGM Resorts Reports Mixed Q1 2025 Results