MGM Resorts International
MGM: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$35.00 | Twbm | Pntctqn |
MGM Earnings: Near-Term Cyberattack Headwind an Opportunity to Partake in Resilient Gaming Demand
We don’t plan a meaningful change to our $53 fair value estimate for no-moat MGM and view shares as undervalued. We think concerns over cybersecurity issues have been overblown and unlikely to have a lasting impact on financials.