MGM upgraded to Buy at CBRE
The upgrade and sizable gap to the stated target support a bullish view, though analyst targets are opinions rather than guarantees.
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The upgrade and sizable gap to the stated target support a bullish view, though analyst targets are opinions rather than guarantees.
What happened, with direct paths to the underlying reporting
CBRE upgraded MGM from Hold to Buy and set a $42 target versus the posted price of $28.87, implying substantial indicated upside.
Target: $42
Posted price: $28.87
Analyst firm: CBRE
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