JPMorgan raised the firm’s price target on Wynn Resorts (WYNN) to $146 from $138 and keeps an Overweight rating on the shares after touring Wynn Al Marjan Island. The firm left with a more positive outlook on both the property and the UAE as an emerging gaming destination.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WYNN:
- Wynn Resorts: Strategic Expansion in UAE Drives Buy Rating Amid Favorable Market Conditions
- Wynn Resorts put volume heavy and directionally bearish
- Early notable gainers among liquid option names on December 1st
- Macau reports November casino revenue up 14.4% to 21.09B patacas
- Wynn Resorts added to US Conviction List at Goldman Sachs