Stifel analyst Steven Wieczynski raised the firm’s price target on MGM Resorts (MGM) to $50 from $45 and keeps a Buy rating on the shares. While the firm doesn’t expect Las Vegas strip growth until the second half of 2026, it does believe it’s “very possible” for the company to grow EBITDA in the second half and believes consensus estimates are “in a very realistic range,” the analyst tells investors.
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Read More on MGM:
- MGM Resorts price target raised to $41 from $39 at JPMorgan
- MGM Resorts price target lowered to $37 from $38 at Barclays
- MGM Resorts reports Q4 adjusted EPS $1.60 vs. 45c last year
- MGM Resorts says repurchased 15M shares in Q4, 37.5M in 2025
- MGM Resorts reports Q4 Las Vegas Strip resorts revenue $2.2B, down 3% y/y
