Analysts split on MGM Resorts after earnings

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Summary · why it matters

Analysts are divided on MGM Resorts International following its second quarter earnings report. Argus reiterated a Buy rating, citing a Macau visitation recovery and easier Las Vegas comparisons, while Morgan Stanley maintained an Underweight rating, seeing 15% downside if a People Inc. bid of $48.30 does not proceed. Seeking Alpha's Quant Rating flipped back to Buy on August 10.

Impact on assets 3

Consumer Discretionary▲ · 2 stocks
MGM Resorts International
MGM
± MixedCapitalrelevance

Analysts split on Q2 earnings; Argus Buy on Macau recovery, Morgan Stanley Underweight on MGM bid uncertainty.

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