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MGM Resorts (MGM) Stock Jumps 9% as JPMorgan Backs Las Vegas Comeback

By Trader Edge at 2026-06-17 18:27

Sentiment: Positive

TLDR JPMorgan upgraded MGM from “Neutral” to “Overweight” with a new $46 price target The upgrade implies roughly 20% upside from MGM’s prior close of $38.45 Las Vegas Strip room rates are tracking up 1% year-over-year in Q2 2026 Strip visitor volumes rose in February and March for the first time in 13 months MGM [...] The post MGM Resorts (MGM) Stock Jumps 9% as JPMorgan Backs Las Vegas Comeback appeared first on CoinCentral. Continue reading...

Categories: Stocks

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