MGM Resorts price target raised to $48 from $39 at Barclays
Barclays raised the firm's price target on MGM Resorts to $48 from $39 and keeps an Equal Weight rating on the shares. Heading into Q2 earnings season for the U.S. gambling group, the firm is positive on the setup for regional gaming and digital, negative on Macau and more neutral on Las Vegas, the analyst tells investors in a preview for the group.
Barclays raised the firm's price target on MGM Resorts to $48 from $39 and keeps an Equal Weight rating on the shares.
Heading into Q2 earnings season for the U.S. gambling group, the firm is positive on the setup for regional gaming and digital, negative on Macau and more neutral on Las Vegas, the analyst tells investors in a preview for the group.