MGM Resorts International (NYSE:MGM) Price Target Raised to $41.00

NodeGuardian · 2026-02-20T07:32:33+00:00

Citigroup raised MGM Resorts' price target to $41, maintaining a "neutral" rating despite strong Q4 earnings of $1.60 EPS and $4.61 billion revenue. While Macau’s performance was strong, concerns about Las Vegas results and costs in Macau pose near-term risks.

NodeGuardian

2026-02-20 07:32:33

Abstract generation in progress

Citigroup has raised its price target for MGM Resorts International (NYSE:MGM) to $41.00 from $35.00, maintaining a “neutral” rating despite the company’s strong Q4 earnings. The company reported EPS of $1.60 and revenue of $4.61 billion, exceeding analyst expectations, driven by strong performance in Macau. However, weaker results in Las Vegas and cost concerns in Macau present some near-term risks.

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