Mizuho raised the firm’s price target on Wynn Resorts (WYNN) to $131 from $126 and keeps an Outperform rating on the shares. The company beat fiscal Q3 expectations, driven by better than expected performance in group and its high-end consumer exposure, the analyst tells investors in a research note. The firm believes Wynn’s convention unit should improve in Q4 and says the company “has the least amount of noise around the business compared to peers.”
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