Wynn Macau price target raised to HK$10 from HK$9.50 at Seaport Research

Seaport Research raised the firm’s price target on Wynn Macau to HK$10 from HK$9.50 and keeps a Buy rating on the shares. The stock’s 8% decline since mid-April is unwarranted, with Wynn having delivered strong Q1 results in Macau, the analyst tells investors in a research note.