MGM Resorts (MGM) volatility elevated into Q4 and outlook

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MGM Resorts (MGM) PT Lowered to $33 at Aegis Capital

February 17, 2017 8:32 AM EST

Aegis Capital lowered its price target on MGM Resorts (NYSE: MGM) to $33.00 (from $35.00) while maintaining a Buy rating.

Analyst David Bain commented, "MGM put itself in the show-me category yesterday, essentially calling out 3Q16 and 4Q15 as somewhat lower-quality, boosted by calendar and one-time... More