UPDATE: Citigroup Upgrades MGM Resorts to Buy with Las Vegas Recovery
January 06, 2014 at 16:49 PM EST
In a report published Monday, Citi analyst Anil Daswani upgraded MGM Resorts International (NYSE: MGM ) to a BUY rating, raising price target from $21 to $29. The report noted, “Seeing positive changes in balance sheets and encouraging ADR trends, we are becoming bullish on LV.” Daswani highlighted Las Vegas
