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MGM Resorts International Message Board

  • jeremysikessr jeremysikessr May 9, 2013 11:09 AM Flag

    New analyst target is a +40.74% increase from previous target and +29.25% from yesterdays close.

    MGM target today was raised from neutral to buy and new, upgraded target raised $19!!!

    Just on the very conservative side, that should mean at least 2.43%-3.39% appreciation very quickly!!!

    (15.05-15.20 Near Term Targets)

    Translation...we are now on the hot buy list with the big boys and expect fund money to start moving in over the next day or two.

    * Online Poker Approved for Nevada, MGM could enter very soon
    * Improved Convention Attendance
    * New City-Wide Attractions
    * Property Improvements
    * Higher Quality Events

    News Breaks
    May 9, 2013
    07:35 EDT MGM MGM Resorts upgraded to Buy from Neutral at Sterne Agee
    Sterne Agee upgraded MGM Resources citing evidence of a Las Vegas Strip recovery driven by improving convention attendance, new city-wide attractions, property improvements, and higher quality events. Price target raised to $19 from $13.50

    Great market and economy getting better every quarter.

    Let's make some dough!

    Sentiment: Strong Buy

19.58-0.47(-2.34%)Jun 1 4:00 PMEDT