Rating Change
Wells Fargo reiterated its Equal-Weight rating on MGM Resorts International (NYSE:MGM) on October 19, 2026.
reiterateNYSE:MGM
Wells Fargo Reiterates Equal-Weight Rating on MGM Resorts International (MGM)
Wells Fargo reiterated its Equal-Weight rating on MGM Resorts International (NYSE:MGM) on October 19, 2026.
At publication ·
What changed
MGM Resorts International (NYSE:MGM) · reiterate
- Firm
- Wells Fargo
- Rating
- Equal-Weight to Equal-Weight
- Price at event
- $28.47
- Market capitalization
- $10.2B
At a glance
Key takeaways
- Wells Fargo maintained an Equal-Weight rating on MGM Resorts International on October 19, 2026, suggesting the stock is fairly valued relative to market expectations.
Market Context
MGM Resorts International operates in the Consumer Cyclical sector. The stock currently trades at $28.47 with a market capitalization of $10.2B. The stock has declined 22.5% over the past 52 weeks.
Analyst coverage from Wells Fargo provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for MGM Resorts International.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for MGM Resorts International
Among the 10 most recent ratings: 4 Buy, 5 Hold, 1 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Oct 19, 2026 | Morgan Stanley | Underweight | N/A |
| Oct 19, 2026 | Wells Fargo | Equal-Weight | N/A |
| Oct 13, 2026 | Macquarie | Outperform | N/A |
| Oct 12, 2026 | Citigroup | Neutral | N/A |
| Oct 09, 2026 | Barclays | Equal-Weight | N/A |
Related Tools: Analyst Ratings Dashboard | View MGM Stock Page
Frequently Asked Questions
What does the Equal-Weight rating mean for MGM?
A rating of Equal-Weight from Wells Fargo reflects the analyst's outlook on MGM Resorts International (NYSE:MGM). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the MGM forecast page.
