Analysts Strong On MGM Resorts Stock For Short-Term Rebound

MGM Resorts International, a globally recognized entertainment and gaming operator, has been rated “buy” on the company’s stock by a professional analyst, while others have highlighted the potential for the company’s stock to rebound despite its recent decline.

As of Monday, April 15, 2024, MGM’s stock was trading at $42.85 per share. Compared to the last five days, it is down 7.75%. Data from last month showed a slight decrease of 2.88%, while overall, the stock is up nearly 16% over the past six months.

Despite the decline over the past week, expert analysts remain bullish on MGM’s stock. Vitaly Umansky, analyst at Seaport Global, on Monday confirmed a “buy” rating on MGM’s stock, and Benzinga reportedly highlighted a $56.00 price target. Meanwhile, Morgan Stanley’s Stephen Grambling upgraded MGM’s stock rating to Equal-weight and set a price target of $46.00.

Mizuho analyst Ben Chaiken also announced a Buy rating on MGM, as did Umanski. The expert currently has a price target of $61. 안전한 파워볼사이트

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