MGM Resorts’ Price Target Is Doubled. This Analyst Likes the Casino Operator’s ‘Transformation.’

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MGM Resorts International was rising Tuesday after shares of the casino operator were upgraded to Outperform from Neutral at Credit Suisse and the analysts boosted the stock’s price target to $68, a Wall Street-high. 

The stock was rising 3.3% to $45.87. MGM Resorts (ticker: MGM) has gained more than 45% so far this year.

Credit Suisse’s…

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