Analysts Offer Insights on Consumer Cyclical Companies: MGM Resorts (MGM) and Kohl’s (KSS)
Analysts fell to the sidelines weighing in on MGM Resorts (MGM) and Kohl’s (KSS) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
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MGM Resorts (MGM)
In a report released yesterday, Vitaly Umansky from Seaport Global maintained a Hold rating on MGM Resorts. The company’s shares closed last Friday at $47.51, close to its 52-week high of $48.25.
According to TipRanks.com, Umansky is ranked #3894 out of 12282 analysts.
Currently, the analyst consensus on MGM Resorts is a Hold with an average price target of $45.29, representing a -5.9% downside. In a report issued on June 2, TipRanks – PerPlexity also downgraded the stock to Hold with a $52.00 price target.
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Kohl’s (KSS)
TD Cowen analyst Oliver Chen maintained a Hold rating on Kohl’s yesterday and set a price target of $16.00. The company’s shares closed last Friday at $15.46.
According to TipRanks.com, Chen is a 3-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Kohl’s with a $16.27 average price target, implying a 2.1% upside from current levels. In a report issued on May 29, TipRanks – Google also downgraded the stock to Hold with a $16.50 price target.
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