MGM Resorts International Announces Plan to Create a REIT
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/21/2026
- Nasdaq leads Wall Street gains as SpaceX, Super Micro boost AI sentiment
- Meta beats Q3 estimates, approves new nonvoting share class as AI spending surges
- Tesla stock up as automotive gross margin improves, free cash flow turns positive
- SpaceX, Tesla shares rise after Musk says committees exploring possible merger
- Brent falls as Iran's president discusses mediation with Pakistani army chief
- Abbott plans to spin off its nutrition unit as a standalone public company
- Alphabet shares drop ahead of earnings next week
- Supermicro raises Q1 FY2027 revenue outlook on AI demand
- Dow outperforms as Wall Street rises, healthcare stocks lead gains
- Crude Inventory Fell 3.06 Million Barrels Last Week - EIA
MGM Resorts' (MGM) Strong Q3 Results Upstaged by REIT Announcement, Says Deutsche Bank
October 29, 2015 10:27 AM EDTDeutsche Bank maintained a Buy rating on MGM Resorts (NYSE: MGM) with a price target of $26. Comments follow strong Q3 results and news it plans to create a REIT. Analyst Carlo Santarelli called Q3 results "tremendous" though they ere upstaged by the REIT announcement.
"This morning MGM announced plans to create a REIT to be named MGM Growth Properties. MGM will contribute the... More



