MGM Resorts International

MGM: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$67.00	Txk	Zcrvtzlv

MGM Earnings: Near-Term Cyberattack Headwind an Opportunity to Partake in Resilient Gaming Demand

Dan Wasiolek

Nov 9, 2023

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.

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