MGM Shares Fall

17 Jun 2005

NEW YORK -- As reported by MarketWatch: "Shares of MGM Mirage fell nearly 2% after the casino operator was downgraded to neutral from buy at Merrill Lynch due to valuation concerns.

"The stock was last down 80 cents, or 1.9%, at $41.02; on June 15, the stock reached an all-time high of $42.98 in intraday trading, surpassing Analyst David Anders' $42 price target…"

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	MGM Shares Fall 17 Jun 2005 NEW YORK -- As reported by MarketWatch: "Shares of MGM Mirage fell nearly 2% after the casino operator was downgraded to neutral from buy at Merrill Lynch due to valuation concerns. "The stock was last down 80 cents, or 1.9%, at $41.02; on June 15, the stock reached an all-time high of $42.98 in intraday trading, surpassing Analyst David Anders' $42 price target…"