A number of research firms have changed their ratings and price targets for MGM Resorts International (NYSE: MGM):
- 4/27/2026 – MGM Resorts International had its price target lowered by Mizuho from $62.00 to $59.00. They now have an “outperform” rating on the stock.
- 4/27/2026 – MGM Resorts International was upgraded by KeyCorp from “sector weight” to “overweight”. They now have a $117.00 price target on the stock.
- 4/17/2026 – MGM Resorts International had its price target raised by Capital One Financial Corporation from $46.00 to $51.00. They now have an “overweight” rating on the stock.
- 4/16/2026 – MGM Resorts International had its price target lowered by Wells Fargo & Company from $31.00 to $30.00. They now have an “underweight” rating on the stock.
- 4/16/2026 – MGM Resorts International had its price target raised by JPMorgan Chase & Co. from $41.00 to $42.00. They now have a “neutral” rating on the stock.
- 4/10/2026 – MGM Resorts International had its price target lowered by UBS Group AG from $40.00 to $39.00. They now have a “neutral” rating on the stock.
- 4/8/2026 – MGM Resorts International had its price target raised by Morgan Stanley from $34.00 to $35.00. They now have an “underweight” rating on the stock.
- 4/7/2026 – MGM Resorts International had its price target lowered by Stifel Nicolaus from $50.00 to $48.00. They now have a “buy” rating on the stock.
Insider Buying and Selling at MGM Resorts International
In related news, Director Keith A. Meister sold 37,500 shares of the company’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $34.27, for a total transaction of $1,285,125.00. Following the completion of the transaction, the director directly owned 5,347,978 shares in the company, valued at $183,275,206.06. This represents a 0.70% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, major shareholder Iac Inc. bought 550,000 shares of the business’s stock in a transaction that occurred on Monday, March 23rd. The shares were bought at an average price of $37.30 per share, with a total value of $20,515,000.00. Following the completion of the purchase, the insider owned 66,372,350 shares in the company, valued at approximately $2,475,688,655. The trade was a 0.84% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 3.38% of the stock is owned by corporate insiders.
The company traces its heritage to the opening of the original MGM Grand Hotel & Casino on the Las Vegas Strip in 1973.
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