MGM Resorts International Named a FORTUNE "World's Most Admired Company"

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Janney Capital Remains Bullish on MGM Resorts (MGM) With a Positive Las Vegas Outlook

February 22, 2016 1:07 PM EST

Janney Capital maintained a Buy rating on MGM Resorts (NYSE: MGM), and cut the price target to $25.00 (from $28.00), with a positive outlook for Las Vegas. In Las Vegas, the company grew revenue 2% and EBITDA 14%. Janney thinks it was a positive that EBITDA margin increased... More