Wells Fargo Aggressive REIT Valuation Helps Support an Outperform Rating on MGM (MGM)
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/12/2026
- Wall Street rises on Iran war peace deal hopes, SpaceX's historic debut
- SpaceX prices historic IPO at $135/share in largest ever new listing
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- UBS cuts gold price forecasts on delayed Fed easing outlook
- Oil nears two-month lows on reports of imminent US-Iran peace deal
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Adobe CFO Dan Durn to depart company in June 2026
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Pentagon reportedly locked down, hazmat teams responding
- Super Micro Computer establishes $1.25 billion stock sale agreement
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
