International edition
October 27, 2021

Analysts cited the firm's improved liquidity position

MGM Mirage gets upgrade from J.P. Morgan

(US)- Analysts at J.P. Morgan lifted their rating on MGM Mirage on Monday to overweight from neutral and raised their year-end price target to us$ 11 from us$ 9.

T

hey cited the company's improved liquidity position after its recent capital raise as well as "really low" investor expectations for MGM's same-store Las Vegas Strip portfolio for 2009-2010.

Shares of MGM closed Friday at us$ 7.67.

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