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Argus upgrades Wynn Resorts to Buy on Macau recovery, Vegas leadership

As previously reported, Argus upgraded Wynn Resorts (WYNN) to Buy from Hold with a $145 price target The firm is positive on the company’s prospects for share gains and its leadership position in the Las Vegas market. Argus further cites “significant recovery” in Macau and anticipates “rapid growth” at the Wynn Al Mar Jan in UAE, boosting its FY26 EPS view by $1.20 to $6.50, the analyst tells investors in a research note.

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