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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Read More on WYNN:
- Wynn Resorts upgraded to Buy from Hold at Argus
- Wynn Resorts Redeems $1B Senior Notes Early
- Macau reports August casino revenue up 12.2% to 22.16B patacas
- Nevada reports July statewide gaming win up 3.99% to $1.36B
- “Higher Estimates and a More Bullish View”: Wynn Resorts Stock (NASDAQ:WYNN) Gains With New Opportunities