Goldman Sachs initiated coverage of Wynn Resorts (WYNN) with a Buy rating and $122 price target The firm says the company has “best-in-class” Las Vegas assets with a resilient consumer base and 2026 tailwinds. Wynn’s Las Vegas assets are “less cyclical than it might seem at first glance” given the company’s higher-end customer demographic, diversification away from gaming, and significant reinvestment into its properties, the analyst tells investors in a research note.
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