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The cut and below-market target give this a modest bearish tilt, but it is a single analyst opinion with limited implied downside.
What happened, with direct paths to the underlying reporting
Goldman Sachs cut its MGM target by about 13% to $26, below the posted price of $27.27, implying roughly 5% downside to the revised target.
Target: $26
Posted price: $27.27
Analyst firm: Goldman Sachs
Analyst: Lizzie Dove
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