MGM Resorts (MGM) Reports In-Line Q4 EPS, Revenues Miss

Go back to MGM Resorts (MGM) Reports In-Line Q4 EPS, Revenues Miss

MGM Resorts sees demand improving by year-end as vaccine rollout widens

February 10, 2021 4:22 PM EST

(Reuters) - Casino operator MGM Resorts posted a bigger-than-expected loss on Wednesday, hurt by COVID-19 travel restrictions, but signaled a pickup in demand later this year as vaccines become more widely available.

The company said it expects demand in Las Vegas to strongly pick up later in the year, adding that gross bookings in January were the strongest since... More

MGM Resorts (MGM) Gains as Meister Discusses on CNBC

February 10, 2021 12:45 PM EST

MGM Resorts (NYSE: MGM) gains as Corvex's Keith Meister discusses on CNBC, he is bullish on the company's sports betting.

... More

MGM Resorts (MGM) PT Raised to $27 at Roth Capital

February 10, 2021 7:12 AM EST

Roth Capital analyst David Bain raised the price target on MGM Resorts (NYSE: MGM) to $27.00 (from $20.00) while maintaining a Buy rating.

The analyst comments "Overall, we believe there is true pent-up demand for Las Vegas. However, investor views for corporate convention... More

UPDATE: BofA Securities Upgrades MGM Resorts (MGM) to Neutral (correction)

February 8, 2021 6:05 AM EST

(Updated - February 8, 2021 6:44 AM EST)

BofA Securities analyst Shaun Kelley downgraded MGM Resorts (NYSE: MGM) from Underperform to Neutral with a price target of $35.00 (from $25.00).

The analyst moves back to the sidelines noting the risk-reward is less attractive following recent... More