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Credit Suisse Bumps Up MGM Resorts Price Target By 106%

Credit Suisse Bumps Up MGM Resorts Price Target By 106%

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Credit Suisse analyst Benjamin Chaiken upgraded MGM Resorts International (NYSE:MGM) to Outperform from Neutral and hiked the price target to $68 from $33, suggesting a 52.77% upside. The company has “gone through a transformation,” recently announcing four transactions that the market is not giving it full credit for, Chaiken notes.

...read full article on Benzinga

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