Stifel sees more upside for MGM Resorts

• Stifel Nicolaus bumps up its price target on Buy-rated MGM Resorts (NYSE:MGM) to $30 ahead of the company's June 16 Analyst Day event.
• The investment firm expects some developments out of the presentation which could drive share price gains, including discussion on real estate transactions and Strip cash flow generation.
• MGM closed yesterday at $24.97 after setting a 52-week high of $25 during the day.
• MGM Analyst Day webcast