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Argus Downgrades MGM Resorts (MGM) to Hold

September 8, 2022 6:54 AM EDT

Argus analyst John Staszak downgraded MGM Resorts (NYSE: MGM) from Buy to Hold.

The analyst comments "We are downgrading MGM Resorts International (NYSE: MGM) to HOLD from BUY. We expect high costs and fierce competition to... More