Goldman Sachs Maintains Bullish Stance on MGM (MGM) Following Results
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Price: $41.13 --0%
Rating Summary:
23 Buy, 15 Hold, 4 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 7 | Down: 7 | New: 2
Rating Summary:
23 Buy, 15 Hold, 4 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 7 | Down: 7 | New: 2
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Goldman Sachs reiterated its Buy rating and $18 price target on MGM Mirage (NYSE: MGM) following Q1 results which support their Vegas turnaround view.
The firm states, "MGM's Vegas results support our contention that the market continues to show a broad recovery with strength at the high end, mid-market, convention and leisure. Given these results, we now feel more confident that the spring should continue on a positive trajectory."
For more ratings news on MGM Mirage click here and for the rating history of MGM Mirage click here.
Shares of MGM Mirage closed at $14.22 yesterday.
The firm states, "MGM's Vegas results support our contention that the market continues to show a broad recovery with strength at the high end, mid-market, convention and leisure. Given these results, we now feel more confident that the spring should continue on a positive trajectory."
For more ratings news on MGM Mirage click here and for the rating history of MGM Mirage click here.
Shares of MGM Mirage closed at $14.22 yesterday.
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