MGM Resorts surged more than 7% in morning trading

Tiger Newspress2021-10-12

MGM Resorts surged more than 7% in morning trading as MGM Resorts upgraded to outperform from neutral at Credit Suisse, price target $68.

New casino operations and a healthy cash flow should help boost MGM Resorts in the year ahead, according to Credit Suisse.

Analyst Benjamin Chaiken upgraded the stock to outperform from neutral, saying Tuesday in a note to clients that the company deserves a second look from investors.

Credit Suisse raised its price target for MGM to $68 per share from $33 per share. The new target is 53% above where the stock closed Monday.

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精彩评论

  • koolgal
    2021-10-13
    koolgal
    With more vaccinations done, people are taking a well deserved break and going for holidays.  Casinos will certainly be one of the beneficiaries! MGM Resorts will see exponential growth if the Delta variant can be held at bay! 👍😉🚀🚀🚀🌙🌙🌙
  • DMC8
    2021-10-13
    DMC8
    Oh wow . Like pls 
  • AppleMango
    2021-10-12
    AppleMango
    Wow
  • BBBBBBBBBB
    2021-10-12
    BBBBBBBBBB
    Ok
  • AngieAbcde
    2021-10-12
    AngieAbcde
    So now pple flock casinos?
  • Sallylim
    2021-10-12
    Sallylim
    Pls 👍 
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