Argus upgraded MGM Resorts (MGM) to Buy from Hold with a $50 price target The analyst cites the company’s Q4 earnings beat, noting the year-to-date improvement in its Regional properties and the operations on Las Vegas Strop position MGM to benefit from strong demand in 2025. Longer term, increased casino spending in Las Vegas and the growing demand for sports betting in the U.S., along with a deal to build a location in Japan, all bode well for MGM Resorts, the analyst tells investors in a research note.
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