tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Wynn Resorts price target lowered to $143 from $145 at JPMorgan

JPMorgan analyst Daniel Politzer lowered the firm’s price target on Wynn Resorts (WYNN) to $143 from $145 and keeps an Overweight rating on the shares. The firm adjusted targets in the gaming space as part of a Q4 earnings preview. Gaming stocks “are carrying a lot of baggage and negativity,” so investors should be selective, the analyst tells investors in a research note. JPMorgan believes digital is the segment with the greatest opportunity for earnings beats.

Claim 50% Off TipRanks Premium

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1