Analysts fell to the sidelines weighing in on MGM Resorts (MGM) and Fastenal Company (FAST) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
MGM Resorts (MGM)
In a report released today, Thomas Allen from Morgan Stanley maintained a Hold rating on MGM Resorts, with a price target of $31. The company’s shares closed last Monday at $29.69.
According to TipRanks.com, Allen is a 3-star analyst with an average return of 1.3% and a 54.5% success rate. Allen covers the Services sector, focusing on stocks such as Marriott International, Norwegian Cruise Line, and Extended Stay America.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for MGM Resorts with a $33.88 average price target.
See today’s analyst top recommended stocks >>
Fastenal Company (FAST)
In a report released today, Robert Barry from Buckingham maintained a Hold rating on Fastenal Company, with a price target of $30. The company’s shares closed last Monday at $33.46.
According to TipRanks.com, Barry is ranked #1912 out of 5555 analysts.
Fastenal Company has an analyst consensus of Moderate Buy, with a price target consensus of $31.67.
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