UPDATE: Credit Suisse Upgrades MGM Resorts International to Outperform on Balance Sheet Recovery
Credit Suisse upgraded MGM Resorts International (NYSE: MGM ) from Neutral to Outperform and raised the price target from $15.00 to $17.00. Credit Suisse said, "An appetite for yield has allowed MGM to refinance its capital structure as it has extended maturities and reduced borrowing costs. A new lease on
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