Category: Markets
Published: 2026-08-17T15:38:48.000Z
Argus has raised its price target for MGM Resorts International (NYSE:MGM) to $55.00 from $45.00, maintaining a "buy" rating and implying a 25.83% upside. This comes as MGM reported strong quarterly earnings of $0.59 EPS on $4.45 billion revenue, both exceeding analyst estimates. Other analysts also have generally positive outlooks, with a consensus "Moderate Buy" rating and an average price target of $53.37.
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