On Feb 11, 2026, Morgan Stanley maintained Underweight on MGM Resorts International (MGM) and raised its price target to $34 from $33. This move is the latest data point for the MGM analyst rating outlook and shows a modest improvement in the firm’s view while keeping a cautious stance. The note referenced a small target bump even as the stock’s short-term change was -2.22% (-$0.83). Investors should read the rating in context of market cap $9,940,591,707 and recent company results.
MGM analyst rating: Morgan Stanley action and updated price target
Morgan Stanley on Feb 11, 2026 held its Underweight rating and lifted the MGM price target to $34 from $33. That single change keeps the firm cautious on shares while acknowledging a small incremental improvement. The firm’s published note is summarized in TheFly report and shows a one-step target revision without upgrading the rating itself. source
Analyst rationale and what the price target change means
The maintained Underweight rating signals Morgan Stanley expects limited near-term upside relative to other names in the sector despite a higher price target. A raise from $33 to $34 is modest and typically reflects updated models or small shifts in assumptions rather than a material outlook change. For investors, this means the bank sees marginal improvement but not enough to recommend adding exposure at current levels.
How the MGM analyst rating ties to recent stock moves and earnings
The price target bump came after MGM’s Q4 2025 disclosures and management remarks about Las Vegas growth and Macau market share. Morgan Stanley’s stance coincides with a -2.22% (-$0.83) short-term price move noted in the report. For direct market context, see the latest MGM stock overview and recent earnings coverage on Seeking Alpha. source
Historical analyst coverage and consensus context for MGM Resorts International
Morgan Stanley is one of the major firms that follow MGM, and this maintained Underweight is the single recent rating action reported on Feb 11, 2026. Historically, analyst views on MGM have ranged across Buy/Hold/Sell as the company cycles through regional recovery, gaming demand shifts, and sportsbook competition. The current isolated action suggests no broad immediate shift in consensus.
Investor implications of the Morgan Stanley decision
A maintained Underweight with a small price target increase generally advises caution: Morgan Stanley signals limited upside and recommends lower portfolio weight relative to benchmark holdings. Income or long-term growth investors should weigh the firm’s view against MGM’s operational updates, recent earnings, and competitive factors such as sports betting market share and Macau exposure.
Meyka AI grade, next catalysts, and risk factors
Meyka AI rates MGM with a grade of B. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Watch catalysts such as quarterly results, Macau developments, Vegas visitation trends, and major promotional spending. Remember, these grades are not guaranteed and we are not financial advisors. Meyka AI provides this as part of our AI-powered market analysis platform.
Final Thoughts
Morgan Stanley’s Feb 11, 2026 note kept its Underweight rating on MGM Resorts International (MGM) while nudging the price target to $34 from $33. That combination signals a slightly improved view on fundamentals but not enough to flip the analyst recommendation. For investors the message is cautious: the firm sees limited relative upside and recommends maintaining lower exposure. The change ties into recent company commentary on Las Vegas growth and Macau positioning, but it does not indicate a broad bullish shift among analysts. Weigh this MGM analyst rating alongside MGM’s Q4 2025 results, sector dynamics, and your risk tolerance. Meyka AI rates MGM with a grade of B, reflecting benchmark and sector comparisons, financial growth, and analyst consensus. These grades are not guaranteed and we are not financial advisors.
FAQs
What did Morgan Stanley change on Feb 11, 2026 for MGM?
On Feb 11, 2026 Morgan Stanley maintained an Underweight rating on MGM and raised the price target to $34 from $33, signaling modest model updates without an upgrade in recommendation.
How should investors interpret the MGM analyst rating?
A maintained Underweight in the MGM analyst rating means the analyst expects limited relative upside. Investors should weigh the view against company results, market cap, and sector conditions before adjusting positions.
Does the price target change mean MGM is improving?
A move from $33 to $34 is modest and suggests small improvements in assumptions or forecasts. It does not imply a broad, durable upgrade in the firm’s outlook or consensus.
What is Meyka AI’s view on MGM?
Meyka AI rates MGM with a grade of B based on benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. These grades are not guaranteed and we are not financial advisors.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Analyst ratings are opinions and not guarantees of future performance. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
