UBS reiterates Neutral rating on MGM Resorts stock, maintains $39 price target
NeutralFinancial Markets

UBS has reaffirmed its neutral rating on MGM Resorts' stock while maintaining a price target of $39. This decision reflects the bank's cautious outlook on the company's performance in the competitive gaming and hospitality industry. Investors should pay attention to this rating as it indicates UBS's belief that MGM's stock is fairly valued at this price point, suggesting limited upside potential in the near term.
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