BUZZ-MGM up after upbeat Q4 results, brokerages lift PTs
ReutersFeb 13, 2025 12:44 PM
Feb 13 (Reuters) - MGM Resorts' shares MGM.N rise 10.3% premarket to $37.87 after casino operator's Q4 results beat estimates
Stock will open at a more-than-two-month high, if gains hold through open
At least five brokerages lift their price targets on stock
Citigroup lifts PT to $50 from $48, saying MGM's U.S. operations' prospects could be better than expected
Stifel raises PT to $50 from $47, saying MGM's bookings remain strong and that
Brokerage adds MGM's free cash flow generation and development pipeline continue to be overlooked
Up to last close, stock had fallen 0.8% YTD
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