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Shares of
MGM Resorts InternationalMGM are not off to a good start in 2016 having lost more than 12 percent of its value.
Despite the noticeable decline in its share price, the Vetr crowd
upgraded MGM's stock rating to 4.5-stars out of a possible 5-stars. In fact, shares of MGM has risen to $20.02 since the prior rating of 4.0-stars was issued just 3 days ago.
Related link:
Here's how crowdsourced ratings can beat the market.
In addition to an upgrade, 100 percent of the crowd's ratings are bullish and the crowd-sourced price target of $23.06 implies an upside of nearly 13 percent.
However, the Vetr crowd appears to be
incrementally bullish on
Las Vegas Sands Corp.LVS given the crowd's perfect 5 star rating and crowd-sourced price target of $50.66 which implies an upside of more than 35 percent.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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Posted In: Analyst ColorCrowdsourcingAnalyst RatingsGeneralcasinocasino stocksCasinos & GamingConsumer DiscretionaryVetrVetr Crowd
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