BUZZ-MGM up after upbeat Q4 results, brokerages lift PTs

Reuters

Feb 13, 2025

Feb 13 (Reuters) - ** MGM Resorts' shares MGM.N rise 10.3% premarket to $37.87 after casino operator's Q4 results beat estimates

** Stock will open at a more-than-two-month high, if gains hold through open

** At least five brokerages lift their price targets on stock

** Citigroup lifts PT to $50 from $48, saying MGM's U.S. operations' prospects could be better than expected

** Stifel raises PT to $50 from $47, saying MGM's bookings remain strong and that

** Brokerage adds MGM's free cash flow generation and development pipeline continue to be overlooked

** Up to last close, stock had fallen 0.8% YTD

MGM Resorts International earnings https://www.reuters.com/graphics/EARNINGS-AUTOMATED/MGM-N-20250212/lgpdjrgllpo/chart.png

MGM Resorts International revenue https://www.reuters.com/graphics/REVENUE-AUTOMATED/MGM-N-20250212/zjpqnxmnyvx/chart.png

(Reporting by Johann M Cherian)

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</span>** MGM Resorts' shares <span>MGM.N</span> rise 10.3% premarket to $37.87 after casino operator's Q4 <span>results beat estimates</span></p><p>** Stock will open at a more-than-two-month high, if gains hold through open</p><p>** At least five brokerages lift their price targets on stock</p><p>** Citigroup lifts PT to $50 from $48, saying MGM's U.S. operations' prospects could be better than expected </p><p>** Stifel raises PT to $50 from $47, saying MGM's bookings remain strong and that </p><p>** Brokerage adds MGM's free cash flow generation and development pipeline continue to be overlooked</p><p>** Up to last close, stock had fallen 0.8% YTD </p><div><p><span>MGM Resorts International earnings https://www.reuters.com/graphics/EARNINGS-AUTOMATED/MGM-N-20250212/lgpdjrgllpo/chart.png</span></p><p><span>MGM Resorts International revenue https://www.reuters.com/graphics/REVENUE-AUTOMATED/MGM-N-20250212/zjpqnxmnyvx/chart.png</span></p></div><p> (Reporting by Johann M Cherian)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250213:nL6N3P40I7:1","article_id":"2511154469","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2511154469","pubTimestamp":1739450667,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-MGM up after upbeat Q4 results, brokerages lift PTs Feb 13 (Reuters) - ** MGM Resorts' shares MGM.N rise 10.3% premarket to $37.87 after casino operator's Q4 results beat estimates** Stock will o","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4585":"ETF&股票定投概念","BK4150":"赌场与赌博","BK4561":"索罗斯持仓","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","BK4588":"碎股","MGM":"美高梅"},"translate_title":"BUZZ-MGM在第四季度业绩乐观后上涨，券商提高PT","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MGM":0.9},"content_text":"BUZZ-MGM up after upbeat Q4 results, brokerages lift PTs\nFeb 13 (Reuters) - ** MGM Resorts' shares MGM.N rise 10.3% premarket to $37.87 after casino operator's Q4 results beat estimates** Stock will open at a more-than-two-month high, if gains hold through open** At least five brokerages lift their price targets on stock** Citigroup lifts PT to $50 from $48, saying MGM's U.S. operations' prospects could be better than expected ** Stifel raises PT to $50 from $47, saying MGM's bookings remain strong and that ** Brokerage adds MGM's free cash flow generation and development pipeline continue to be overlooked** Up to last close, stock had fallen 0.8% YTD MGM Resorts International earnings https://www.reuters.com/graphics/EARNINGS-AUTOMATED/MGM-N-20250212/lgpdjrgllpo/chart.pngMGM Resorts International revenue https://www.reuters.com/graphics/REVENUE-AUTOMATED/MGM-N-20250212/zjpqnxmnyvx/chart.png (Reporting by Johann M Cherian)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}