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Deutsche Bank Positive on MGM Resorts (MGM)

June 8, 2023 4:20 PM EDT

Deutsche Bank analyst Carlo Santarelli reiterated a Buy rating and $58.00 price target on MGM Resorts (NYSE: MGM).

The analyst comments "With the equity value of the core having been derived ($9.3 bn / ~$25 per share), we further examine the implied valuations of the core business,... More