Morgan Stanley lowered the firm’s price target on Wynn Resorts (WYNN) to $136 from $139 and keeps an Overweight rating on the shares. Wynn reported weaker Macau results but “a solid Vegas print” in Q4 despite a tough comp, says the analyst, who adjusted estimates following the report.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WYNN:
- Wynn Resorts price target lowered to $146 from $148 at UBS
- Wynn Resorts’ Weaver says hackers stole employee data, Reuters reports
- The Week That Was, The Week Ahead: Macro and Markets, Feb. 22
- Wynn Resorts call volume above normal and directionally bullish
- Wynn Resorts price target raised to $134 from $131 at Mizuho
