Deutsche Bank Betting on MGM Resorts Over Las Vegas Sands

Dunkin' Brands (DNKN) and Las Vegas Sands (LVS) are downgraded but an upgrade for MGM resorts (MGM) in Tuesday's Analysts' Actions. MGM Resorts was upgraded to BUY from HOLD at Deutsche Bank. The analysts there say the casino operator's recent stock pullback on Macau concerns is overshadowing its upside potential in Las Vegas. They also upped the price target by a buck to $30 a share. On the same note, Deutsche Bank downgraded Las Vegas Sands to HOLD from BUY because of those pressures in Macau. The firm says Las Vegas Sands has greater exposure to Macau than MGM and lowered their price target for Las Vegas Sands to $65 from $74. Dunkin' Donuts operator is downgraded to a HOLD from BUY at Jefferies. The analysts there say they don't see any new near-term catalysts for a significant move in the stock. The price target for Dunkin' Brands was cut to $47.