MGM Resorts (MGM) Tops Q1 EPS by 7c, Beat on Revenues

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Go back to MGM Resorts (MGM) Tops Q1 EPS by 7c, Beat on Revenues

MGM Resorts (MGM) PT Raised to $35 at Aegis Capital Following 1Q

April 28, 2017 10:00 AM EDT

Aegis Capital raised its price target on MGM Resorts (NYSE: MGM) to $35.00 (from $33.00) while maintaining a Buy rating. 1Q total net revenue was $2,708.2 million versus $2,209.7 million in the same quarter last year and was above expectations of $2,635.7 million. Total property EBITDA was $841.4 million, above... More

MGM Resorts (MGM) PT Raised to $35 at Instinet on 1Q Report; 'EBITDA Beat in All Regions'

April 28, 2017 9:08 AM EDT

Instinet raised its price target on MGM Resorts (NYSE: MGM) to $35.00 (from $34.00) while maintaining a Buy rating, following the company's first quarter report.

Analyst Harry Curtis appreciates the conservative tone and outlook on the call, also increasing 2017-208 EBITDA forecasts.

... More

MGM Resorts (MGM) PT Raised to $38 at Stifel on 1Q Report; 'Vegas/Macau Trends Solid, We Still See Plenty of Upside'

April 28, 2017 7:54 AM EDT

Stifel raised its price target on MGM Resorts (NYSE: MGM) to $38.00 (from $35.00) while maintaining a Buy rating, following the company's first quarter earnings report.

Analyst Steven Wieczynski notes management experienced broad-based outperformance with Macau, Las Vegas Strip and Regional segments all reporting figures... More