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Fly News Breaks for August 2, 2019
MGM
Aug 2, 2019 | 07:28 EDT
BofA/Merrill analyst Shaun Kelley downgraded MGM Resorts to Neutral from Buy with an unchanged price target of $31. The analyst views the risk/reward as more balanced at current share levels. Potential catalysts from the ramp of MGM Cotai in Macau, real estate optionality and the MGM 2020 Plan are balanced by rising cyclical risks, convention competition, and the company's high operating leverage, Kelley tells investors in a research note.
News For MGM From the Last 2 Days
MGM
Apr 26, 2024 | 16:06 EDT
Welcome to the latest edition of "Bet On It," where The Fly looks at news and activity in the sports betting and iGaming space. SECTOR NEWS: Nevada... To see the rest of the story go to thefly.com. See Story Here