Truist Financial Upgrades MGM Resorts International (NYSE:MGM) to "Buy"

This gaming stock has room to run, powered by resilient Las Vegas tourism, JPMorgan says

Even after a big rally Wednesday, MGM Resorts International could trade another 10% higher as tourism numbers in Las Vegas fail to buckle, the bank says.

MGM Stock Rallies As Plunging Oil Prices Fuel Leisure Sector - MGM Resorts International (NYSE:MGM)

A sharp drop in energy costs provided consumer-focused equities a tailwind Wednesday, driving MGM Resorts International sharply higher.

Truist Financial Upgrades MGM Resorts International (NYSE:MGM) to "Buy"

Truist Financial raised shares of MGM Resorts International from a "hold" rating to a "buy" rating and set a $55.00 price target on the stock in a research report on Wednesday.

MGM Resorts rallies after JPMorgan turns bullish (MGM:NYSE)

JPMorgan upgrades MGM to Overweight as Las Vegas EBITDAR bottoms and demand holds.

Truist: MGM Osaka could hit US$2 billion in annual EBITDA

MGM Resorts International’s Japanese IR development, MGM Osaka, could ultimately generate US$2 billion in annual EBITDA – of which US$800 million would be attributable to MGM – according to Truist Securities. The investment bank issued the forecast as part of an investor note on Wednesday in which it upgraded MGM from “Hold” to “Buy” and upped its target price from US$42 to US$55. While this was mainly due to improved consumer sentiment around L…

MGM stock jumps 8% as Wall Street bets big on Vegas comeback

Shares of MGM Resorts International surged on Wednesday after multiple Wall Street firms upgraded the casino operator.Analysts cited growing confidence that visitors and consumers are returning to the Las Vegas Strip following a prolonged period of weaker demand trends.MGM stock climbed 9.62% to $42.15 during the session, placing the shares among the top gainers in the S&P 500. The rally also put the stock on pace for its highest closing level s…