JPMorgan Upgrades MGM Resorts as Las Vegas Tourism Remains Resilient

JPMorgan upgraded its rating for MGM Resorts International to 'overweight' from 'neutral', citing resilient tourism in Las Vegas and improved earnings estimates. The firm raised the 12-month price target to $46, implying a potential 10% upside.

By Liz Napolitano · CNBC · May 28, 2026, 13:06 UTC

JPMorgan Upgrades MGM Resorts as Las Vegas Tourism Remains Resilient

Tickers: $JPM $MGM

Topics: JPMorgan upgrade Las Vegas tourism MGM Resorts

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