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Credit Suisse more than doubles its price target on MGM Resorts

Credit Suisse more than doubles its price target on MGM Resorts

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Shares of MGM Resorts International (NYSE: MGM) jumped nearly 10% on Tuesday after Credit Suisse upgraded the casino stock despite an over 40% increase year-to-date. In a note this morning, analyst Benjamin Chalken rated MGM Resorts at “outperform” with a price target of $68 per share that represents a 40% upside from here.

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