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Stock impact report

MGM Resorts price target lowered to $45 from $47 at Truist [Yahoo! Finance]

MGM Resorts International (MGM) 
Last mgm resorts international earnings: 4/30 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.mgmresorts.com
Company Research Source: Yahoo! Finance
The firm cites “more conservatism” on the company's Las Vegas Strip growth inflection for the target cut. November Strip gross gaming revenue dropped 1% year-over-year, primarily on lower table and baccarat win, the analyst tells investors in a research note. Truist reduced estimates for both MGM and Caesars ( CZR ) citing “soft” Strip RevPAR but views both stocks as “inexpensive” with the “Strip challenges well known.” Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now See the top stocks recommended by analysts Read More on MGM: Disclaimer & Disclosure Report an Issue Macau reports December casino revenue up 14.8% to 20.89B patacas Macau reports December casino revenue 14.8% to 20.89B patacas Nevada reports November statew Show less Read more
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