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Stock impact report

Goldman Sachs full of conviction on MGM Resorts [Seeking Alpha]

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: Seeking Alpha
Goldman Sachs full of conviction on MGM ResortsShares of MGM Resorts (NYSE:MGM) head higher in early trading after Goldman Sachs names the casino stock as a Conviction Buy List pick.The firm thinks the recent sell-off creates a significant long-term opportunity for investors and sets a one-year price target on MGM of $41 (35% upside). As far as Las Vegas, analyst Stephen Grambling reminds that the new NHL team and a booked convention calendar should help alleviate some concerns over a traffic dip.MGM+1.84% premarket to $31.04.See all stocks on the move » Show less Read more
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