UPDATE: Bank of America Upgrades MGM Resorts International, Has Bullish 2014 Outlook
January 13, 2014 at 08:44 AM EST
In a report published Monday, Bank of America Merrill Lynch analyst Shaun Kelley upgraded MGM Resorts International (NYSE: MGM ) to Buy from Neutral, raising its price objective to $33.50 from $21.00. According to the report, the upgrade followed upside to estimates from Macau and to valuation as Cotai
